Ireland has a long and proud tradition
of supporting arbitration, both domestic and international.
In recent years, Ireland has co-ordinated its legislative, professional and service
resources to put in place a comprehensive infrastructure for the conduct of international
arbitration.
The legislature has implemented the UNCITRAL Model Law on International Commercial
Arbitration in full, with some additional measures designed to increase the autonomy
of the arbitration process. Irish lawyers are familiar with the Model Law and
they frequently act in international arbitrations as arbitrators and representatives
of parties to arbitral proceedings. Education and training is provided to ensure
that the benefits of arbitration are understood across the legal and business
sectors.
Ireland is also a party to the New York Convention on the Enforcement
of International Arbitration awards.
Enforcement of Arbitration Awards
The New York Convention on the Recognition and Enforcement of
Foreign Arbitral Awards, 1958, was given effect in Irish Law by
Part III of the Arbitration Act 1980. Ireland has made the reciprocity
reservation under Article 1(3) of the Convention which means that
one can only enforce awards under the Convention which were made
in a state which is a party to the Convention.
In practical terms, the New York Convention has been overtaken
in Irish law by the UNCITRAL Model Law on International Commercial
Arbitration which was given the force of law by the Arbitration
(International Commercial) Act 1998. A party may now seek recognition
and enforcement of an arbitration award under Articles 35 and 36
of the Model Law. Unlike the New York Convention, the Model Law,
as implemented by the 1998 Act, allows enforcement of an arbitration
award irrespective of where it was made. It does not need to be
a foreign award, nor is there a requirement that it be given in
a state which is a party to any particular Convention.
It is also important to note that the 1998 Act does not apply
to arbitration proceedings commenced, or arbitration agreements
entered into, before the Act came into operation, namely, the 20th
May 1998 (unless the parties agree otherwise).
In procedural terms, enforcement of an award is straightforward,
requiring an application to court for leave to enforce the award
which proceeds by way of originating notice of motion and grounding
affidavit.
The proofs required for the application are set out in Article
35(2) of the Model Law and are the same as those referred to in
Article IV of the New York Convention. The original award and the
original arbitration agreement or duly certified copies of each
are required. If these are not in English or Irish then a translation
will be required.
Once leave to enforce the award has been obtained all of the normal
execution remedies under Irish law will be available against assets
within the jurisdiction in order to satisfy the award.
Ireland is a party to the Washington Convention on the Settlement
of Investment Disputes between States and Nationals of other States,
1965 ('the ICSID Convention'). Part IV of the Arbitration Act 1980
makes provision for enforcement under this Convention. The procedure
entails an application for permission for enforcement under the
provisions of Section 16(1) of the 1980 Act. |