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UN's New York Convention Continues to Shine
February 8, 2008
Montréal - Ogilvy Renault's International Arbitration team was proud to participate in the 11th IBA International Arbitration Day which took place at the Waldorf Astoria in New York City on February 1. The International Bar Association used this occasion to celebrate the 50th anniversary of the New York Convention.[1] Some 650 delegates from over 50 countries were in attendance.
Yves Fortier, Chairman of Ogilvy Renault, brought the event to a close with an address to all delegates at United Nations' Headquarters in New York. Mr. Fortier is the former Ambassador and Permanent Representative of Canada to the UN and one of the world's leading international arbitrators. Alongside Nicolas Michel, Under-Secretary-General for Legal Affairs at the UN, Mr. Fortier reflected on the successes of the United Nations as "an agent of progress in the international legal field. The New York Convention shines brightly as one of the countless gems of the United Nations' legal crown."
The Convention has been described as one of the UN's greatest achievements in private international law. Today, the New York Convention serves as a driving force behind the success of international arbitration as a means of resolving international business disputes.
About Ogilvy Renault's International Arbitration Team
Ogilvy Renault has Canada's premier international arbitration practice. Throughout the last decade, the members of our international arbitration team have successfully handled both institutional and ad hoc arbitrations all over the world involving a wide array of disputes and a variety of applicable laws. The team's experience includes court proceedings in aid of arbitration as well as recognition and enforcement proceedings in relation to foreign and domestic arbitral awards. In addition, we regularly provide advice on dispute resolution schemes in general and arbitration clauses in particular, with a view to tailoring these to our clients' specific needs and objectives.
[1] The "New York" Convention is the 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards, a key international arbitration instrument designed to facilitate the recognition and enforcement of foreign arbitral awards, which was adopted fifty years ago under the auspices of the United Nations.
Contacts
Peter Zvanitajs - Toronto
Senior Advisor, Media Relations
416.216.1871
pzvanitajs@ogilvyrenault.com
Joanne Lajeunesse - Montréal
Director, Marketing and Media Relations - Quebec Region
514.847.4723
jlajeunesse@ogilvyrenault.com
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