Dispute Resolution Clauses and the Enforcement of International Mediated Settlement Agreements under the Singapore Convention on Mediation
Article from: TDM 3 (2021), in Mediation & ADR
Abstract
The year of 2020 marks an important milestone for cross-border commercial mediation because of the entry into force of the United Nations Convention on International Settlement Agreements Resulting from Mediation, otherwise known as the Singapore Convention on Mediation. Settlement agreements resulting from international commercial mediation are now directly enforceable under the framework of the Singapore Convention on Mediation, the same way arbitral awards are directly enforceable under the New York Convention, and foreign judgments are enforceable under the Hague Judgments ...