We in a citing index:
The Law Governing the Limitation Periods Applicable to Arbitral Awards
Gilles Cuniberti,
Ph.D (Panthéon-Sorbonne), LL.M. (Yale), Professor of Comparative Law and Private
International Law at the University of Luxembourg
In the article, the author analyzes the timing limitation for enforcement of arbitration (arbitral) awards. Internationally, limitation periods to enforce arbitral awards vary dramatically. In the United States, it is only one or three years depending on the applicable legal regime. In France, it is 30 years. And in Ontario, there is no limitation period since 2002. In the common law world, the traditional rule was that limitation laws were procedural in character. As a consequence, they were governed by the law of the forum (lex fori). By contrast, in the civil law world, limitations laws are typically substantive in character. They are thus governed by the law governing the substance of the right which might have been extinguished. Expiry of limitation periods can either extinguish rights, or merely bar remedies.
Keywords: limitation periods; comparative analysis; civil proceedings; arbitration (arbitral) proceedings; arbitral award; foreign judgement.
References
Aschauer Chr. La prescription des sentences arbitrales // ASA Bulletin. 2005. Vol. 23. Issue 4. Audit B. Droit international privé. 5e éd. Economica, 2008.
Clarkson Chr.M.V., Hill J. The Conflict of Laws. 3rd ed. Oxford University Press, 2006.
Ester J.W. Borrowing Statutes of Limitations and Conflict of Laws // University of Florida Law Review. 1962–1963. Vol. 15. P. 33.
Fawcett J., Carruthers J.M. Cheshire, North & Fawcett: Private International Law. 14th ed. Oxford University Press, 2008.
Geimer R. in: Zöller Zivilprozessordnung. 27. Aufl. Otto Schmidt, 2009.
Hoffmann B. von, Thorn K. Internationales Privatrecht. 9. Aufl. C.H. Beck, 2007.
Kropholler J. Internationales Privatrecht. 6. Aufl. Mohr Siebeck, 2006.
Lebedev S. H ow Long Does an Arbitral Award Stay Enforceable? // The Art of Arbitration: Essays on International Arbitration. Liber Amicorum Pieter Sanders / J.C. Schultsz, A.J. van den Berg (eds.). Kluwer Law International, 1982. P. 213.
Nagel H., Gottwald P. Internationales Zivilprozessrecht. 6. Aufl. Otto Schmidt, 2007.
Palandts Kommentar zum Bürgerlichen Gesetzbuch. 64. Aufl. C.H. Beck, 2005.
Peters F. in: J. von Staudingers Kommentar zum Bürgerlichen Gesetzbuch. Buch 1: Allgemeiner Teil (§§ 164–240) (Allgemeiner Teil 5). Sellier; de Gruyter, 2004.
Pribetic A.I. «Winning is Only Half of the Battle»: Procedural Issues Relating to the Recognition and the Enforcement of Foreign Arbitral Awards // The ICFAI University Journal of Alternative Dispute Resolution. 2009. Vol. 8. No. 2 (available at: http:// papers.ssrn.com/abstract_id=1025328).
Richman W.M., Reynolds W.L. Understanding Conflict of Laws. 3rd ed. Matthew Bender & Co., 2002.
Information about the author
Gilles Cuniberti (Luxembourg) – Ph.D (Panthéon-Sorbonne), LL.M. (Yale), Professor of Comparative Law and Private International Law at the University of Luxembourg (L-2721, Luxembourg, 4, rue Alphonse Weicker; e-mail: [email protected]).
Gilles Cuniberti