As the UK officially joins the 2019 Hague Convention on the enforcement of judgments, the legal landscape is poised for significant changes.
In a recent discussion with Commercial Dispute Resolution (CDR), Bird & Bird Partner Simona Peter delved into the multifaceted aspects of this Convention, shedding light on its benefits, challenges, and broader implications for international litigation and arbitration.
Key insights include:
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“The convention’s effectiveness depends on whether the enforcing court accepts that the original jurisdiction clause was valid. As a result, while the convention may make asymmetric English jurisdiction clauses more appealing in some situations, the decision remains complicated.”