We are delighted to announce the launch of the the 2nd Edition of SIFoCC’s Multilateral Memorandum on Enforcement of Commercial Judgments for Money.
In the 2nd Edition of the Memorandum, Commercial Courts outline the way in which the judgment of one jurisdiction can be enforced in another. Over 30 jurisdictions have contributed, including new entries from five: Brazil, Jamaica, Japan, Kenya and South Korea. Existing contributions include the UK, Australia, Canada, France, Germany, Hong Kong, Malaysia, New York, Singapore and jurisdictions across Africa, Asia and the Middle East.
Lord John Thomas, former Lord Chief Justice of England & Wales and Chair of the SIFoCC Steering Group states in the foreword “the importance of this endeavour deserves emphasis. Enforcement of judgments in accordance with the law is a significant part of upholding the rule of law.”
The Memorandum, like all the work of SIFoCC, is the result of a collaborative effort from Judges all over the world who see the importance of working together.
An International Working Group formed of judges from throughout the SIFoCC membership will now begin work on establishing the common themes from the Memorandum to produce a commentary which will be published next year.