X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
United Nations headquarters in New York/Photo: IDN/Shutterstock.com United Nations headquarters in New York/Photo: IDN/Shutterstock.com

On Aug. 7, 2019, forty-six countries, including the United States, signed the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the Singapore Mediation Convention. In the global economy, most practitioners will have clients affected by contracts involving non-U.S. based companies. It means that a settlement may be enforced directly in the country where the breaching party is, rather than having to bring an action here and seek recognition in the foreign jurisdiction, or starting from scratch to get a judgment for breach of contract. It applies only to settlement agreements concluded after the date that the convention enters into force for the relevant nations.

This premium content is locked for
New Jersey Law Journal subscribers only.

*May exclude premium content
Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

 

New Jersey Arbitration HandbookBook

New Jersey Arbitration is a firsthand guide to arbitration for practitioners and arbitrators alike, written from the perspective of what an experienced arbitrator looks f...
Get More Information

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.