Law No. 9.307 of September 23, 1996 (Arbitration Law)
|Year of Version:||1996|
|Date of Text (Enacted):||September 23, 1996|
|Type of Text:||IP-related Laws: enacted by the Legislature|
|Subject Matter:||Enforcement of IP and Related Laws, Other|
|Notes:||The notification by Brazil to the WTO under Article 63.2 of TRIPS states:|
'This Law contains provisions concerning arbitration.'
With the coming into force of this Law, foreign arbitration awards are recognized and executed in Brazil once ratified by the Federal Supreme Court, thereby dispensing with the previous necessity for ratification of the awards by a judge in the country where the awards were granted.
|WIPO Lex No.:||BR023|