Hague 2019 currently has seven signatories, while two parties, the EU and Ukraine, have ratified it. The Convention comes into force a year after ratification.
Responding to the Ministry of Justice consultation on the Convention, which closed this month, Law Society president Lubna Shuja said: ‘The Convention provides legal clarity, reduces costs, increases certainty and predictability.
‘It encourages better risk management and shortens timeframes for the recognition and enforcement of judgements across jurisdictions… making English courts more attractive to international parties. Without this, British businesses and individuals are faced with a dizzying array of domestic enforcement rules across the 27 EU member states.’
Shuja also emphasised the importance of continuing efforts to join the Lugano Convention on the enforcement of judgments between the UK and the EU/EFTA states.
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