n Without Prejudice - Foreign judgements v arbitral awards : arbitration
|Article Title||Foreign judgements v arbitral awards : arbitration|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Dec 2015|
|Pages||17 - 18|
Dispute resolution and submission to jurisdiction are pertinent issues in cross-border financing transactions. When advising South African clients on the choice between submitting disputes to the courts of a particular jurisdiction, or to arbitration, one of the key considerations is the likelihood that the final judgement or award will be enforced. Contract parties should be made aware of the respective regimes governing the enforcement of foreign judgements, versus foreign arbitral awards, before selecting the appropriate forum.
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