The European Small Claims Procedure (ESCP) is a small claims procedure which took effect on 1 January 2009 across the European Union (except Denmark) for dealing with cross-border claims under the Brussels Regime up to a value of EUR5,000.
Small claims procedures provide a middle ground between formal litigation and ADR, where disputes involving small value claims can be resolved in courts faster, cheaply, and less formally. The main limitation of small claims procedures is that they are restricted to particular jurisdictions. To overcome this limitation the European Commission produced a regulation for a European Small Claims Procedure (ESCP).
The ESCP is predominantly a written procedure that deals with claims under EUR5,000 arising in cross-border disputes. Its main advantage is that it provides for the enforcement of decisions in any of the member states without the present need to go through the formal mutual recognition of judgements (exequatur).
Video European small claims procedure
See also
- Online dispute resolution
Maps European small claims procedure
References
Source of the article : Wikipedia
0 Comments