| ID: |
ITIT-008 |
| Title: |
UNCTAD – ICSID – Post Award Remedies and Procedures |
| Source: |
United Nations / UNCTAD |
| Parties: |
|
| Dispute Resolution Organ: |
|
| Year: |
2003 |
| Pages: |
42 |
| Author(s): |
Dong Wang |
| Keywords: |
annulment, award, interpretation, jurisdiction, post-award remedies, rectification, supplementation, trade, tribunal |
| Abstract: |
This Module gives an overview of the post-award remedies and procedures in ICSID dispute settlement. Under Art. 53 of the ICSID Convention, an award is final and binding and not subject to any remedy except those provided for in the Convention. In particular, an award is not subject to any review by domestic courts. But the Convention itself provides for a number of remedies and procedures that are administered by the original tribunal, by a new tribunal or by an ad hoc committee. All these remedies and procedures are regulated in detail by the Convention and the Arbitration Rules and are administered by ICSID. |
| Secured: |
False |
| Download Article: |
edmmisc232add7_en.pdf |
Keywords: annulment, award, interpretation, jurisdiction, post-award remedies, rectification, supplementation, trade, tribunal
