Settlement of international commercial disputes post-Brexit, or: united we stand taller

Giesela Rühl

Chapter 8 in Brexit, 2021, pp 195-212 from Edward Elgar Publishing

Abstract: The (European) market for the settlement of international commercial disputes has long been - and still is - dominated by the London Commercial Court. The loss of the UK’s access to the European Judicial Area on 1 January 2021 makes settling their disputes in London less attractive for international companies. In an effort to lure high-volume international commercial disputes to the European continent, a number of EU Member States, including France, Germany and the Netherlands, have recently taken measures to make their courts more attractive for international litigants. However, the measures taken so far are unlikely to provoke tectonic shifts in the dispute settlement landscape. The contribution, therefore, suggests that the EU should complement the initiatives of the Member States by the establishment of a European Commercial Court.

Keywords: Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2021
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