Firms caught up in time consuming international legal disputes will be spared time and money thanks to Ministers signing up to the 2019 Hague Convention today on 12th January 2024.
The 3 core benefits of signing up the Hague 19 Convention, the Government have published are:
The Law Society of England and Wales President, Nick Emmerson, said:
“We are pleased the UK is joining the Hague 19 Convention, which sets out to provide a framework of common rules to facilitate the recognition and enforcement of judgments from one jurisdiction to another.
The Convention will come into force 12 months after ratification and will apply to judgment in proceedings started after that day.
By facilitating the recognition and enforcement of foreign judgments, the Convention enhances access to justice for citizens and consumers around the world. It also strengthens a positive national and international environment for multilateral trade, investment and mobility.
It is important, however, that the UK becoming a contracting state to Hague 19 should not stop efforts to further facilitate cross border enforcement of judgments, including continued discussions to accede to the Lugano Convention.”