2021-09-29T10:39:40Z

2021-09-29

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Reflections on the Singapore Convention on Mediation

antzach11@gmail.com

2021-06-29

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School of Economics, Business Administration and Legal Studies, LLM in Transnational and European Commercial Law, Banking Law, Arbitration/Mediation

This dissertation constitutes a part of the LLM in Transnational and European Commercial Law, Banking Law, Arbitration/Mediation at the International Hellenic University (I.H.U.). This dissertation focuses on the part of Mediation and specifically in the recent United Nations Convention on International Settlement Agreements Resulting from Mediation (the Singapore Convention) which was entered into force on Mediation on 12 September 2020. It will be demonstrated that the Singapore Convention aims to have a great impact on international trade since it is the first legal instrument which enforces cross-border mediated settlement agreements. Specifically, it will provide the reader with a general knowledge and understanding of the Singapore Convention. Additionally, the key Article 5: refusal to grant relief will be analysed extensively. It will be demonstrated that the effectiveness of the Singapore Convention relies in a large extent to the application of Article 5. The courts may refuse to grant relief in certain circumstances and thus, it is significant to analyse them in order to examine whether the grounds can be applied accordingly. The signatory states and any potential ones in the future need to be aware as to why a refusal to grant relief under the specific Convention may occur. As a result, the dissertation will be divided into two parts. The first will mention briefly some key elements of the Singapore Convention and the second part will examine Article 5. Some of the aspects will be seen in relation to the New York Convention 1958. The entry into force in less than a year makes it a rather topical issue which needs to be addressed.

Papadopoulos, Thomas

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