Decisions of International Courts and Tribunals and by Rudolf Bernhardt (Auth.)

By Rudolf Bernhardt (Auth.)

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Das Osterreichisch-Deutsche Schiedsgerichtsverfahren nach dem Finanz- und Ausgleichsvertrag vom 27. November 1961, ZaoRV, Vol. 32 (1972) 36-56. Bemerkungen zum Verfahren und zur Entscheidung iiber die ProzeBeinreden [with an English summary], ZaoRV, Vol. 32 (1972) 57-70. I. S E I D L - H O H E N V E L D E R N , La sentence du tribunal austroallemand concernant la protection diplomatique, AFDI, Vol. 18 (1972) 323-327. H . N E U H O L D , Das Osterreichisch-Deutsche Schiedsverfahren zur Auslegung des Artikels 24 Abs.

Prescription; Acquiescence). The Court went on to examine the grounds of nullity invoked by Nicaragua and rejected each of them. To exclude the possible reproach that by pronouncing on the legal foun­ dation of the award the Court had exceeded its competence, it stressed that the award was not subject to appeal. Lastly, the Court held that the award, in view of the clarity of its operative clause (—> Judgments of International Courts and Tribunals), was clear enough and capable of execution.

Dezember 1933, ZaoRV, Vol. 4 (1934) 395-403. P. RAINER HOFMANN ARAMCO ARBITRATION 1. The Facts The King of Saudi Arabia concluded, on May 29, 1933 in Riyadh, a —> concession agreement (written in both English and Arabic) on oil exploitation of the eastern part of Saudi Arabia with the Standard Oil Company of California (Socal); the agreement was ratified by Royal 20 ARAMCO ARBITRATION Decree of July 7, 1933. The activities covered by the concession were described in Art. 1 of the agreement: "The Government hereby grants to the Company on the terms and conditions hereinafter mentioned, and with respect to the area defined below, the exclusive right, for a period of sixty years from the effective date hereof, to explore, prospect, drill for, extract, treat, manufacture, transport, deal with, carry away and export petroleum .

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