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05 May 2021
Categories: Legal News , EU , Commercial , Brexit
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LNB News: Communication from the Commission on its assessment of UK's application to accede to the 2007 Lugano Convention published in Official Journal

Communication from the Commission to the European Parliament and the Council—Assessment on the application of the United Kingdom of Great Britain and Northern Ireland to accede to the 2007 Lugano Convention, has been published in the Official Journal.

Lexis®Library update: The Commission takes the view that the EU should not give its consent to the accession of the UK to the 2007 Lugano Convention. For the EU, the Lugano Convention is a flanking measure of the internal market and relates to the EU-EFTA/EEA context. In relation to all other third countries the consistent policy of the EU is to promote co-operation within the framework of the multilateral Hague Conventions. The UK is a third country without a special link to the internal market. Therefore, there is no reason for the EU to depart from its general approach in relation to the UK. Consequently, the Hague Conventions should provide the framework for future co-operation between the EU and the UK in the field of civil judicial co-operation.

Stakeholders concerned, and in particular practitioners engaged in cross-border contractual matters involving the EU, should take this into account when making a choice of international jurisdiction.

With the communication, the Commission informs the European Parliament and the Council of its assessment, and gives them an opportunity to express their views, before it will inform the Lugano Depositary accordingly.

Source: COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL Assessment on the application of the United Kingdom of Great Britain and Northern Ireland to accede to the 2007 Lugano Convention

This content was first published by LNB News / Lexis®Library, a LexisNexis® company, on 4 May 2021 and is published with permission. Further information can be found at: www.lexisnexis.co.uk.

Categories: Legal News , EU , Commercial , Brexit
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