Kluwer: Brazilian STJ Reaffirms Its Pro-Enforcement Stance Toward Foreign Arbitral Awards
Published on August 11, 2025
In a recent decision, the Brazilian Superior Court of Justice ("STJ") reaffirmed its pro-enforcement stance toward foreign arbitral awards by granting recognition to two awards rendered in the United Kingdom under the auspices of the Chartered Institute of Arbitrators ("CIArb"). The case, HDE 8305/EX, involved a dispute between Prodigy Finance, an Irish financial institution, and a Brazilian borrower who defaulted on student loans used to fund an Executive MBA in the US.