International Commercial Arbitration: Ambiguities Pertaining to Choice of Law, Recognition and Effects of Lis Alibi Pendens
The lack of legal instruments and regulations pertaining to the coordination of the arbitral awards and the decisions of courts highlights problems facing the implementation of arbitral awards in foreign jurisdictions.Since commercial arbitration is a discourse of international character which invariably involves parties from different jurisdictions, the case resultantly gives rise to issues such as conflict of laws, choice of laws and multiplicity of proceedings on the same cause of action. This situation allows parties to commence litigation at multiple forums, paving a way for issues like that of Lis Alibi Pendens to arise. This paper examines the principle of Lis Alibi Pendens in commercial arbitration and also assesses its application in different jurisdictions in general and in the context of Pakistan in particular. This article analyses existing cases and regulations on this subject and provides for an adequate level of understanding, certainty and reliability which is required by the parties in commercial arbitration. It also expounds on ambiguities and complex issues in order to equip policy makers and practitioners to better understand such concerns.
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Commercial Arbitration, Choice of Law, Lis Alibi Pendens, Enforcement of Foreign Awards
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(1) Aamir Abbas
Assistant Professor, College of Law, Government College University, Faisalabad, Punjab, Pakistan.
(2) Atika Lohani
Assistant Professor, College of Law, University of Sargodha, Sargodha, Punjab, Pakistan.
(3) Samza Fatima
Associate Professor, Gillani Law College, Bahauddin Zakariya University, Multan, Punjab, Pakistan.