THE EFFECTS OF FOREIGN ARBITRAL AWARDS
THE EFFECTS OF FOREIGN ARBITRAL AWARDS

Summary/Abstract: The arbitration has an international character, if it arises from a legal relationship with a foreign element. The foreign arbitral award is any award rendered in a domestic or international arbitration in a foreign State and not considered a national decision in Romania.The article reviews the effectiveness of a foreign arbitration award, namely the recognition and enforcement of such a ruling in Romania.The foreign arbitral award, rendered by a competent arbitral tribunal, benefits in Romania from a probative force in respect of the facts it ascertains

• Details
• Contents