Enforcement and the Abolition of Exequatur Under the 2012 Brussels I Regulation

The true value of a commercial claim lies in whether it can be enforced. A court judgment has less value for the judgment-creditor if it can be enforced only with difficulty and delays, and it has no value if it cannot be enforced at all. Against this background, the facilitation of cross-border enforcement of commercial claims and judgments significantly impacts companies conducting their business globally.