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|March 22, 2024
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|January 31, 2024
|4 Min Read
Asymmetric jurisdiction clauses within the scope of the Hague 2019 Convention
On 12 January 2024, the UK signed the Hague Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (the “Hague 2019”), following its announcement in November 2023. Once it enters into force, the Hague 2019 will bring back certainty to the use of non-exclusive and asymmetric jurisdiction clauses in English law finance agreements and reinforce the English courts’ position as a preferred jurisdiction in cross-border transactions.
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