Expedited settlement of commercial disputes

At a Glance 05-12-2018

The value of cross-border civil litigation is estimated at €7.7 billion annually. However, enforcing cross-border commercial contracts in national courts is cumbersome due to often protracted civil proceedings and divergences in national procedural rules. The Legal Affairs Committee suggests to remedy this by creating a European expedited civil procedure, and possibly even establishing a European commercial court. The committee’s legislative-initiative report is due to be debated during the December plenary session.