IRELAND
awards – irrespective of the country in which it was made – shall be recognised as binding and, upon application in writing to the competent court, shall be enforced (subject to certain exceptions stated in the Uncitral Model Law.)
7.3. Are judgments and arbitration awards from the FDI jurisdiction generally enforceable in other jurisdictions? According to Brussels I, EU member state judgments in civil and commercial matters are immediately enforceable across the EU without the
Cian McCourt Partner, A&L Goodbody
New York, US T: +1 212 582 4499 E:
cmccourt@algoodbody.com W:
www.algoodbody.com
need for an intermediate registration process in the enforcing state. The extent to which an Irish judgment will be recognised in a foreign non-EU jurisdiction will be less certain, and will be dependent on the relevant jurisdiction.
As Ireland is a party to the New York Convention on the recognition and enforcement of foreign arbitral awards, Irish arbitration awards can be enforced relatively easily in 149 countries around the world.
About the author Cian McCourt is a corporate partner and head of A&L Goodbody’s New York office. He specialises in public and private M&A, securities laws, equity capital markets, and foreign direct investment. He advises multinational corporations, financial institutions, investment banks and private equity firms on Irish law.
McCourt and the team in A&L Goodbody’s New York office have led on some of the most significant corporate transactions between Ireland and the US in recent years, and are leading legal advisors on all aspects of investing in Ireland.
Lyndsey Falconer Associate, A&L Goodbody
New York, US T: +1 646 545 3396 E:
lfalconer@algoodbody.com W:
www.algoodbody.com
About the author Lyndsey Falconer is a corporate associate attorney in A&L Goodbody’s New York office. She advises on all areas of corporate law, with particular focus on public and private M&A, corporate advisory, and commercial contracts and disputes. She assists north American corporations on transactions and investments in and through Ireland, and regularly advises international law firms, investment banks, and other advisors on multi-jurisdictional transactions with an Irish dimension.
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