Views
From Deference to Objectivity: How Courts Are Rewriting the Commercial Reservation
By Taimoor Raza Sultan, Stockholm University
Introduction
The 1958 New York Convention (‘NYC’) is widely regarded as international arbitration’s most significant achievement. Having been ratified by over 160 states, , establishing a credible system of enforcement for arbitral awards. Yet the commercial reservation under Article 1(3), which allows the reserving state to limit the application of the ‘Convention only to differences …. considered as commercial’ under its own national law, risks jeopardizing the uniformity of the convention. By domesticating the definition of commerciality, the reservation invites forum shopping and inconsistent enforcement. Read more
Online Symposium on Recent Developments in African PIL (II) – The Recognition and Enforcement of Foreign Judgments within the CEMAC Zone
As part of the second online symposium on recent developments in African private international law, we are pleased to present the second contribution, kindly prepared by Boris Awa (Kigali Independent University, Rwanda), on The Recognition and Enforcement of Foreign Judgments within the CEMAC Zone.
Article V(1)(e) of the 1958 New York Convention in Light of a Decision of the Turkish Court of Cassation
Posted on behalf of Erdem Küçüker, an attorney-at-law registered at the Istanbul Bar Association and a private law LL.M student at Koç University. Mr. Küçüker specializes in commercial arbitration, arbitration-related litigation and commercial litigation, and acts as secretary to arbitral tribunals.
Article V of the 1958 New York Convention (“NYC”) lists the grounds of non-enforcement of a foreign arbitral award. Accordingly, Article V(1)(e) provides that when “[t]he award has not yet become binding on the parties, or has been set aside or suspended by a competent authority of the country in which, or under the law of which, that award was made” the award’s enforcement may be refused.
In 2024, the Turkish Court of Cassation quashed the lower courts’ decision that declared an International Centre for Dispute Resolution of the American Arbitration Association (“ICDR”) award as enforceable, stating that the courts should have further investigated whether the award is final, enforceable and binding (Court of Cassation, 11th Civil Chamber, Docket No: E. 2022/5986, Decision No: K. 2024/2257, Date: 20.03.2024). This article explains the decision of the Turkish Court of Cassation and comments on the final, enforceable and binding character of an arbitral award in relation to Article V(1)(e) of the NYC. Read more
News
Call for Papers: Frankfurt Law Review Special Edition on Digital Transformation
The Frankfurt Law Review is currently looking for submissions for a special edition dedicated to the topic of Digital Transformation.
Submissions can be drafted specifically for the review but may also be based on seminar papers or other academic assignments; they are accepted until 31 May 2026.
The full call for papers can be found here.
HCCH Monthly Update: April 2026
Meetings & Events
From 30 March to 1 April, the Experts’ Group (EG) on Central Bank Digital Currencies (CBDCs) held its fifth meeting. Pursuant to its mandate, the EG continued to make progress in its study of the jurisdiction and applicable law issues raised by the cross-border use and transfers of CBDCs, including the desirability and feasibility of a possible future instrument on these issues, with particular attention to their use in payments with a cross-border or international element. More information is available here.
Consensual Justice in Focus: Reflections from the First ASGiC National Congress
On 16–17 April 2026, the elegant setting of Villa Ruspoli in Florence hosted the First National Congress of ASGiC – the Society for the Study of Consensual Justice, titled Giustizia e cooperazione: il valore del consenso (Justice and Cooperation: The Value of Consent). Marked by a large and engaged participation, the event offered a valuable opportunity for both the Society’s members and a wider community of scholars and practitioners to reflect on the role of consent in contemporary conceptions of justice.
The Congress opened with introductory remarks by the Society’s President, Silvana Dalla Bontà, who set out the themes and objectives guiding the initiative. Against this backdrop, the keynote lectures delivered by Tommaso Greco, Andrea Simoncini, and Filippo Danovi developed a first, coherent reflection on consensual justice, identifying a variety of core concepts – trust, consent, justice, solidarity, Constitution, language, and dialogue – that are likely to orient the Society’s future research and activities.