Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2014) 46 final (30.01.14) |
Publication Date | 30/01/2014 |
Content Type | Policy-making |
The Commission is proposing that the EU approves the 2005 Convention on Choice of Court Agreements. The Convention was signed by the Union on 1 April 2009 on the basis of the Council Decision 2009/397/EC. The Action Plan implementing the Stockholm Programme announced the Commission's intention to propose approval of the Convention in 2012. Having the EU approve the Convention would reduce legal uncertainty for EU companies trading outside the EU by ensuring that choice of court agreements included in their contracts are respected and that judgments issued by the courts designated in such agreements would be eligible for recognition and enforcement in the other Contracting Parties to the Convention. Overall, approval of the Convention by the EU would complement the realisation of the aims underlying the EU rules on the prorogation of jurisdiction, by creating a harmonised set of rules within the EU in respect of third states which will become Contracting Parties to the Convention. |
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Source Link | http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2014:046:FIN |
Related Links |
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Subject Categories | Law |
Countries / Regions | Europe |
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