The Birth and Rise of the International Commercial Courts in Paris - Boosting Litigation or Alternative to Arbitration
Year: 2019
Type: article
Abstract: The process of the withdrawal of the United Kingdom form the European Union is becomingmore and more complicated. However, the consequences are closer than ever. With UK on thedoorstep of leaving the EU, the decisions issued by its courts would no longer benefit from therecognition system provided in Regulation (EU) No 1215/2012 of the European Parliament andof the Council of 12 December 2012 on jurisdiction and the recognition and enforcement ofjudgments in civil and commercial matters. As a result of this, it is expected that London wouldno longer be seen as a primary destination for international litigants. In the awaiting of theaftermath from the Brexit, other cities and member state countries of the EU have started the raceto position themselves as the next “legal hub”. While other member states have been vocal aboutoffering alternative courts, so far France has been at the forefront of this initiative. In this text theauthors will give an overview of the new the New International Chambers of the Paris Courts.Furthermore, special attention will be given to the comparison of the international commercialcourts and arbitration.
Source: Iustinianus Primus Law Review
Authors: Toni Deskoski, Vangel Dokovski, Ljuben Kocev
Language: English
Subfield: Law
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3140776804