Hague Convention on Choice of Court Agreements

WHAT YOU NEED TO KNOW

  •  Although Australia is not presently a signatory to the Hague Convention, it may
    nevertheless have implications for parties entering into international commercial
    transactions here.
  • When drafting dispute resolution clauses, it may be relevant to the question of whether
    and where to arbitrate or litigate, to consider the relevance of the Hague Convention,
    together with other avenues of enforcement of foreign judgments (for example,
    legislation on the reciprocal enforcement of foreign judgments such as the Foreign
    Judgments Act 1991 (Cth)).
  • If you are agreeing to litigate in a State that has signed and ratified the Hague
    Convention, remember to agree to exclusive jurisdiction in order to obtain the benefit of
    the provisions in the Hague Convention.
  • Keep an eye out for ratification of the Hague Convention by Singapore and the United
    States, and additional signatories to the Hague Convention.

Read full article HERE

2015-11-19T15:41:58+11:00

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