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Exequatur of foreign arbitral awards in Romania
Romanian Civil Procedure Code (RCPC) makes, in Art. 1124-1133, a faithful transposition of the system put in place by the New York Convention.
These provisions regulate the following conditions for the recognition and enforcement of a foreign arbitral award in Romania:
Eugen Sarbu, Partner, Oglinda & Partners
[1] M. Voicu, Convenția pentru recunoașterea și executarea sentințelor arbitrale străine – New York, 10.06.1958 – 60 de ani de la adoptare, available at: https://www.juridice.ro/essentials/2371/conventia-pentru-recunoasterea-si-executarea-sentintelor-arbitrale-straine-new-york-10-06-1958-60-de-ani-de-la-adoptare . [2] S-Al. Stanescu in V.M. Ciobanu, M. Nicolae (coord.), Noul Cod de procedura civila comentat si adnotat, Vol. II, Universul Juridic, Bucharest, 2016, pp. 1767-1768.
- The arbitral award must be a foreign arbitral award according to Art. 1124 RCPC
- The subject matter of the dispute must be capable of settlement by arbitration in Romania
- The arbitral award must be binding
- The award is not contrary to Romanian public policy
- The award must be given by an arbitral tribunal constituted according to the parties’ convention
- Necessary documents
- The arbitral award that is to be recognised and enforced, in original or in copy;
- A certified translation of the arbitral award, if the document is not written in Romanian;
- The arbitral convention between the parties;
- A certified translation of the arbitral convention between the parties.
- The interdiction to analyse the merits of the arbitral award
- Can the exequatur award be challenged?
- How long can an exequatur process take?
Eugen Sarbu, Partner, Oglinda & Partners
[1] M. Voicu, Convenția pentru recunoașterea și executarea sentințelor arbitrale străine – New York, 10.06.1958 – 60 de ani de la adoptare, available at: https://www.juridice.ro/essentials/2371/conventia-pentru-recunoasterea-si-executarea-sentintelor-arbitrale-straine-new-york-10-06-1958-60-de-ani-de-la-adoptare . [2] S-Al. Stanescu in V.M. Ciobanu, M. Nicolae (coord.), Noul Cod de procedura civila comentat si adnotat, Vol. II, Universul Juridic, Bucharest, 2016, pp. 1767-1768.