Abstract
This article reviews the recognition and enforcement procedure adopted in the Brussels I bis Regulation, including the much-debated abolition of intermediary exequatur proceedings. It examines the new responsibilities of enforcement organs and discusses some of the doctrinal concerns in this regard. The article then underlines the new regime's potential flaws with respect to both the debtor's and the creditor's rights during enforcement. Such shortcomings include the problematic discretion of Member States either to delay the satisfaction of the creditor's claim well beyond the time limits formerly set in Brussels I, or to impose irreversible enforcement measures much sooner than the debtor's rights of defence previously allowed. Overall, this analysis seeks to show that the optimistic goals of the Brussels I reform – some of them based on questionable assumptions – are hardly fulfilled by the final Recast.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.