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European Order for Payment - general aspects

2021/06/09 00:26 (GMT)

     The Regulation permits the free circulation of European orders for payment throughout European Union (EU) countries by laying down minimum standards, compliance with which renders unnecessary any intermediate proceedings in the EU country of enforcement prior to recognition and enforcement.

    This Regulation establishes a procedure for European orders for payment. The procedure simplifies, speeds up and reduces the costs of litigation in cross-border cases concerning uncontested pecuniary claims in civil and commercial matters. The European order for payment is recognised and enforced in all European Union (EU) countries except Denmark without the need for a declaration of enforcement.

    The Regulation abolishes the exequatur, i.e. a European order for payment is recognised and enforced in the other EU countries without the need for a declaration of enforcement and without any possibility of opposing its recognition. Enforcement procedures are governed by the national law of the EU country in which the enforcement of the European order for payment is requested.

    A European Order for Payment is served on a defendant in accordance with the national law of the state in which service is to be accomplished.

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