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ARTICLE · 13 DECEMBER 2019

Brexit. Quo Vadis?

Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
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Today, a ‘No Deal Brexit on 31 January 2020 remains a real possibility. Put simply, a ‘No Deal Brexit' means that the UK leaves the EU without having reached an agreement on the terms...

CyprusGovernment, Public Sector

Today, a 'No Deal Brexit on 31 January 2020 remains a real possibility. Put simply, a 'No Deal Brexit' means that the UK leaves the EU without having reached an agreement on the terms of its departure and the future relationship. This article looks at the effect of No Deal Brexit on the enforcement of UK judgments in the EU and vice versa.

Current Situation – UK as a member of the EU

The Brussels Regime - Brussels I and Brussels Recast Regulation

Whilst the UK is still a Member of the EU, the Brussels I convention and Brussels Recast Regulation apply to commercial and civil legal disputes. The general rule under this regime, subject to certain exceptions, is that in such disputes, jurisdiction lies with the Court in which the defendant is domiciled. In addition, recognition of intra-EU judgments and their enforcement is simple and affordable.

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