To provide for a judicial remedy for United States persons injured as a result of violations by foreign states of their arbitral obligations under international law.
International Arbitration Enforcement Act of 1997 - Makes liable for money damages any foreign state that has injured a U.S. person through its violation of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards with respect to a foreign arbitral award.
Amends Federal law to grant district courts exclusive jurisdiction over violations of the Convention. Waives a foreign state's sovereign immunity in any action brought against it for violations of the Convention, including the enforcement of such actions.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Sponsor introductory remarks on measure. (CR E1438)
Referred to the Subcommittee on Immigration and Claims.
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