Recognition and Enforcement of Foreign Titles

Obtaining a judgment or an arbitration award against your debtor is only the first step. Depending on the places where your debtor owns assets, you may need to enforce the decision in a different country from where you obtained it or even in several other countries.For this purpose, it is helpful to have an overview of what can be anticipated, notably whether you can take interim measures to secure the claim in the foreign country beforehand, whether and how recognition of the decision should be sought in this country, and what type of enforcement measures are available in the jurisdiction where enforcement is contemplated.The expected duration and costs of the recognition and enforcement proceedings are also essential factors to consider.This legal guide aims to provide you with key information to enable you to anticipate the steps to be taken and build your enforcement strategy.