Czech RepublicFinance and Banking
A foreign court or arbitration judgement in property matters has effect and is enforceable in the Czech Republic only if it is a final judgement having force of law (i.e., a judgement against which no further appeal lies) and if it has been recognised by the appropriate Czech court. (Act no. 97/1963 Sb., on Private International Law and Law of International Procedure, in wording of subsequent amendments).
A particular foreign judgement can not be recognised in the Czech Republic, and therefore not enforced, if any of the following apply to the judgement: 1.) Czech legal provisions on competence of Czech courts, applied to the foreign countries involved would not admit the case to be heard by courts or authorities of the foreign state, or if the matter lies within the exclusive jurisdiction of the Czech courts; 2.) A Czech court has already issued a final decision on same legal action or a foreign decision in the same legal action has been previously recognised in the Czech
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
