Brussels Regulation (recast): are you ready?
This article considers the key changes in the Brussels Regulation (recast) for commercial parties.
This article looks at the concerns with Council Regulation (EC) 44/2001 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters and examines how far they are addressed by Regulation (EU) 1215/2012 of the European Parliament and of the European Council of 12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (recast). In particular, this article considers the following key changes made by the Brussels Regulation (recast) for commercial parties: amendments to the rules relating to jurisdiction agreements, expanding the scope of the application of those rules; changes to the related actions (or lis pendens) provisions where there is an exclusive jurisdiction clause; and more…
Click on the link below to read the rest of the Allen & Overy briefing.
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