Recast Brussels I Regulation. Key updates on jurisdiction, recognition and enforcement of civil and commercial judgments within the EU, including certain Romanian law considerations

Brussels I Regulation (EU) No 1215/2012 on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters (recast) entered in force on 10 January 2015 and has replaced the former Brussels I Regulation (EC) No 44/2001 on the matter, provided that legal proceedings commenced before 10 January 2015 will continue to be subject to the former Regulation. As a general note, the recast Regulation aims to streamline the free movement of judgments within the EU and does bring certain improvements to the existing regime – as further detailed below.

:: Full Text: JURIDICE.ro

Lawyer Sabin VOLCIUC-IONESCU LL.M MBA
Partner, Head of Finance, Capital Markets and Projects at VOLCIUC-IONESCU SCA
Lawyer Mihnea JIDA
Associate at VOLCIUC-IONESCU SCA