THE BIRTH AND RISE OF THE INTERNATIONAL COMMERCIAL COURTS IN PARIS - BOOSTING LITIGATION OR ALTERNATIVE TO ARBITRATION
Journal
Iustinianus Primus Law Review
Date Issued
2019-12
Author(s)
Deskoski, Toni
Dokovski, Vangel
Kocev, Ljuben
Abstract
The process of the withdrawal of the United Kingdom form the European Union is becoming
more and more complicated. However, the consequences are closer than ever. With UK on the
doorstep of leaving the EU, the decisions issued by its courts would no longer benefit from the
recognition system provided in Regulation (EU) No 1215/2012 of the European Parliament and
of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of
judgments in civil and commercial matters. As a result of this, it is expected that London would
no longer be seen as a primary destination for international litigants. In the awaiting of the
aftermath from the Brexit, other cities and member state countries of the EU have started the race
to position themselves as the next “legal hub”. While other member states have been vocal about
offering alternative courts, so far France has been at the forefront of this initiative. In this text the
authors 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 commercial
courts and arbitration.
more and more complicated. However, the consequences are closer than ever. With UK on the
doorstep of leaving the EU, the decisions issued by its courts would no longer benefit from the
recognition system provided in Regulation (EU) No 1215/2012 of the European Parliament and
of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of
judgments in civil and commercial matters. As a result of this, it is expected that London would
no longer be seen as a primary destination for international litigants. In the awaiting of the
aftermath from the Brexit, other cities and member state countries of the EU have started the race
to position themselves as the next “legal hub”. While other member states have been vocal about
offering alternative courts, so far France has been at the forefront of this initiative. In this text the
authors 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 commercial
courts and arbitration.
Subjects
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