12 December 2018
On Tuesday 11 December 2018 the Dutch Senate approved the bill to establish a commercial court in the Netherlands: the Netherlands Commercial Court ("NCC"). The relevant legislation will enter into force soon. Parties may therefore shortly bring international commercial disputes before the NCC.
Proceedings before the NCC are conducted in the English language and judgments are given in the English language as well. A judgment from the NCC is automatically enforceable in all EU Member States but may also be enforceable outside of the EU – i.e. depending on the applicable international conventions or local recognition and enforcement rules. These features make the NCC an interesting new alternative to international commercial dispute resolution.