Arbitral awards are often easier to enforce than international litigation judgments.

Question

Quizplus · Accepted Answer

This is because the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards provides a framework for the enforceability of arbitral awards in over 160 countries. In contrast, enforcing international litigation judgments can be more complex as it may require navigating different legal systems and jurisdictional challenges.

Arbitral Awards Are Often Easier to Enforce Than International Litigation