Because California, like most states, has enacted a version of the Uniform Foreign-Country Money Judgments Recognition Act, judgments in other countries are enforceable here. However, that enforceability has several limits that you need to understand to have your best...
Enforcing Foreign Judgments
A brief history of the New York Convention
International arbitration is one of the primary resolution methods of international business disputes. The reason for this is simple: given no external pressure, a foreign company is under no obligation to perform contracts fairly with companies in other countries....
A brief review of CIETAC
All businesses that work either in China or with Chinese companies know about the China International Economic and Trade Arbitration Commission (CIETAC). It is a major arbitration institution with the goal to “independently and impartially resolve business disputes.”...
How the New York Convention affects Chinese companies in California
Some Chinese companies might be wary of doing business in California. These worries often stem from their fear that a judgment from an American court will not be favorable to them. Luckily, there are certain situations in which judgments from Chinese courts would...