Transnational Construction Arbitration
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CHAPTER 10
The enforcement of foreign arbitral awards: main recent developments and prospectives
The enforcement of foreign arbitral awards: main recent developments and prospectives
Introduction
10.1
How a binding means of dispute resolution scores in terms of reliability depends on the actual enforceability of the decision rendered thereby. Despite any other available and often discussed quality indicators, whether a means of dispute resolution is worth pursuing depends exclusively on whether it offers a viable prospective as to enforceability of decisions. This is particularly the case at an international level, where costs and neutrality are prominent factors.