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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.

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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

JLMI – Call for papers – Issue no. 1/2027

The following call for papers has kindly been shared with us by the editors of The Journal of Law, Market & Innovation (JLMI)

This Call for Papers of the Journal of Law, Market & Innovation (JLMI) concerns the first issue to be published at the end of March 2027 and is devoted to the Securitisation of Supply Chains: Critical Raw Materials Between Energy Security and the Green Transition. This issue will be edited by the Editors-in-Chief of the JLMI (Lorenza Mola, Cristina Poncibò and Riccardo de Caria), along with Pritam Banerjee and Vishakha Srivastava as guest co-editor. You can find the call with all the details at the following link:

SECURITISATION OF SUPPLY CHAINS: CRITICAL RAW MATERIALS BETWEEN ENERGY SECURITY AND THE GREEN TRANSITION

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Postdoc Position “Fashion’s PLACE – Private (International) Law and Circular Economy”

The University of Edinburgh is recruiting a postdoctoral research fellow in private international law to work on an exciting new research project funded by the UKRI Arts and Humanities Research Council (AHRC) and the German Research Foundation (DFG) entitled “Fashion’s PLACE – Private (International) Law and Circular Economy”. The project explores the private law and private international law components of legal design for a just circular economy transition in global value chains. It takes the fashion industry as a case study, examining the journey of textiles from the places of production, via the marketplaces of consumption, to the places of disposal.

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Crossroads in Private International Law Webinar with Prof. Csongor Nagy

The next webinar in the Crossroads in Private International Law webinar series will be given by Prof. Csongor Nagy (University of Galway) on the topic “EU Law and Sports Arbitration: When Global and Regional Regimes Meet“.

The webinar is scheduled for 22 April 2026, 14:00 – 15:00 UTC.

More information about the event and registration is available here, at the webpage of the organiser – the Centre for Private International Law & Transnational Governance of the University of Aberdeen.

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