{"id":111,"date":"2018-05-29T12:24:53","date_gmt":"2018-05-29T12:24:53","guid":{"rendered":"https:\/\/website.prod.unilu.spikeseed.cloud\/fdef-fr\/news\/judgments-convention-study-presented-to-eu-parliament\/"},"modified":"2018-05-29T12:24:53","modified_gmt":"2018-05-29T12:24:53","slug":"judgments-convention-study-presented-to-eu-parliament","status":"publish","type":"news","link":"https:\/\/www.uni.lu\/fdef-fr\/news\/judgments-convention-study-presented-to-eu-parliament\/","title":{"rendered":"Judgments Convention study presented to EU Parliament"},"content":{"rendered":"

A study analysing the ongoing work of the Hague Conference on the worldwide Judgments Convention was presented to the European Parliament\u2019s Committee of Legal Affairs by University of Luxembourg professor Gilles Cuniberti and his co-authors.<\/p>

The study was commissioned by the European Parliament\u2019s Policy Department for Citizens\u2019 Rights and Constitutional Affairs at the request of the JURI Committee.<\/p>

The Hague Judgments Project<\/a> aims at establishing a uniform legal framework for the recognition and enforcement of foreign judgments in civil and commercial matters. The idea of an international instrument in this area corresponds to the reality of a globalized economy, where the flux of cross-border movements and transactions is in constant increase and leads to an equal intensification of cross-border litigation. The lack of a common system of dispute resolution at the transnational level results in uncertainty, furthers the costs of exchanges, and may even deter the economic actors from entering into cross-border exchanges.<\/p>

The purpose of the study is to:<\/p>