Recognition And Enforcement Of Judgments Under The EU Regulation 1215/2012

Regulation (EU) No 1215/2012 of the European Parliament and of the Council of 12 December 2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters has been applied in the courts of all 28 Member States since 10 January 2015 after a long period of almost two years of consideration. Enforcement and recognition of a judgment comes into play when a creditor who has a judgment in a foreign court wishes to enforce it in another Member State, namely in a Member State where the debtor has assets since in this manner the creditor will wish to secure those assets towards satisfaction of the judgment. 

Amongst the various changes which have been introduced by the revised Brussels Regulation is the fact that it resulted in the elimination of the need for a declaration of enforceability in the courts of the member state in which enforcement is sought which very much simplifies the entire procedure. Therefore a party seeking to enforce