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ARTICLE · 27 MAY 2016

The Hague Convention On Choice Of Court Agreements

The Hague Convention on Choice of Court Agreements might achieve for litigation what the New York Convention managed for arbitration.

GlobalLitigation, Mediation & Arbitration

The Hague Convention on Choice of Court Agreements might achieve for litigation what the New York Convention managed for arbitration.

The Hague Convention on Choice of Court Agreements (30 June 2005) entered into force October 1, 2015.

Some observers say that the pro-arbitration trend in international commercial transactions could shift in favor of litigation as a result of the coming into force last year of a treaty that makes it easier to enforce choice-of-court agreements (or 'forum selection clauses') and foreign court judgments. The Hague Convention on Choice of Court Agreements aims to create a system of recognition of court decisions with the same level of predictability and enforceability as arbitral awards under the New York Convention.

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