Post-Award Interest Under the New York Convention: A Call for Uniformity and Judicial Restraint

Dobândă pentru perioada după pronunţarea hotărârii arbitrale conform Convenţiei de la New York: un apel pentru uniformitate şi intervenţie limitată a instanţelor de judecată

Garima DHANKHAR

ABSTRACT

The New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) is heralded as the bedrock of international arbitration, enshrining the principles of finality, uniformity, and judicial restraint. Yet, the issue of post-award interest has exposed fault lines in the Convention's enforcement framework. Through a comparative analysis of jurisdictions primarily rooted in the common law tradition -including the United States, India, Singapore, Hong Kong, Malaysia, Japan, and others, this paper critically evaluates whether post-award interest falls within the realm of procedural enforcement or constitutes an impermissible modification of the arbitral award. The paper further...