The Enforcement of International Arbitration Award in Indonesia : a Comparative Study with United States, Netherlands and Singapore

An international arbitration award handed down in a territory of a given country may be applied for in another territory, provided that it is a party to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Award and between those countries there are bilateral or multilateral agreements on the recognition and execution of international arbitration award. An arbitral award, as well as a judge’s decision, may actually be voluntary by the loser or debtor. If the award has been executed in good faith by the losing party, or in other words, his accomplishments have bee... Mehr ...