EFFECTIVENESS AND REMEDIES OF ARBITRAL AWARDS UNDER THE OHADA SYSTEM IN THE LIGHT OF OTHER LEGAL SYSTEMS
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Keywords:
Arbitral awards, arbitration, exequatur, OHADA, UAA, CCJA Rules, remedies, effectiveness and res judicataAbstract
Arbitral justice becomes a universal phenomenon requiring the involvement of all economic and legal players in developed and developing countries. OHADA is a common law that aims to secure legal security for regional and foreign economic agents by offering a vast economic space. As economic interdependence increases, business disputes are more likely. This article examines the OHADA system in the international commercial arbitration field especially in the recognition, enforcement and the remedies of the arbitral awards in the light of other legal systems like the UNCITRAL Model Law, New York Convention, Inter-American Commercial Arbitration Commission (IACAC), American Arbitration Association (AAA) and International Chamber of Commerce (ICC).
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