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Private Wealth by Greenwoods is for those who care deeply about protecting not just their financial wellbeing, but the people and values they cherish most. We bring clarity to complexity, ensuring every decision supports the life you lead and the legacy you leave.
Our mission is to demystify wealth, to educate with empathy, and to support families through life’s key moments, from building a legacy to preserving it for generations to come.
Home // Insights & Events // UK signs 2019 Hague Judgments Convention: but what does that mean?
On 12 January 2024, the UK signed the Hague Convention on the recognition and enforcement of foreign judgments in civil and commercial matters (the “Convention”). But what does that mean?
What does the Convention do?
It is intended to provide a global framework for the recognition and enforcement of judgments from one contracting state to another, by requiring contracting states to recognise and enforce civil and commercial judgments within its scope.
Who are the signatories?
Currently the Convention is in force between the EU (except Denmark) and Ukraine, and it is due to enter into force for Uruguay on 1 October 2024. It has also been signed by Israel, Costa Rica, the Russian Federation and the US, but it is not yet in force in those states. Plus, now the UK, with it being anticipated that the Convention will come into force in the UK in the next 12 months.
What are the benefits of the Convention for the UK?
Comments
This is a positive step for the UK, bringing certainty about the recognition and enforcement of foreign judgments in the UK and the recognition and enforcement of Judgments made by the courts in the UK in other contracting states. It also helps to promote the UK as a preferred dispute resolution forum.
There are distinct rules regarding the enforcement of judgments between the English and UAE courts in particular (which is a jurisdiction of focus), we have previously wrote about how these rules apply here.
We have specialist lawyers with experience in acting for individuals and companies in the English courts and can support with the enforcement of foreign judgments, including court orders, judgments and arbitral awards. Please contact Adele if you need advice.
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This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. Greenwoods Legal Services Limited is a Limited company, registered in England, registered number 16115882. Our registered office is Queens House, 55-56 Lincoln’s Inn Fields, London, WC2A 3LJ. Authorised and regulated by the Solicitors Regulation Authority, SRA number 8011813. Details of the Solicitors’ Codes of Conduct can be found at www.sra.org.uk. All instructions accepted by Greenwoods Legal Services Limited are subject to our current Terms of Business.
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