The American Law Institute's new Restatement of the U.S. Law of International Commercial Arbitration is only barely underway, and the reporters began with a chapter, on the recognition and enforcement of awards, that should represent for them a comfort zone of sorts within the overall project. Yet already a number of difficult, and to some extent unexpectedly difficult, questions have arisen. Some of the difficulties stem from the very nature of an ALl Restatement project. Others stem from the nature of arbitration itself and, more particularly, from the inherent tension between arbitral and judicial functions in the arbitration arena. Still other difficulties – some of them the least expected – reflect what I might call the "internationality" of this particular project. It is the latter difficulties that chiefly occupy me in this paper.
Commercial Law | Comparative and Foreign Law | International Law | Law
Center for International Commercial and Investment Arbitration
George A. Bermann,
Restating the U.S. Law of International Commercial Arbitration,
N.Y.U. J. Int'l. L. & Pol.
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