Coming Soon to Paris: Lawsuits en Anglais

摘要

For decades, London has been the place to go for big commercial disputes in Europe. Even when companies based outside Britain sue one another, the cases are often argued in London, such as one brought by UBS AG against Leipzig's water utility and another between Libya's sovereign wealth fund and French bank Societe Generate SA. In anticipation of Britain's exit from the European Union, cities on the Continent are stepping up efforts to lure those cases to their own courts-by copying some U.K. legal practices and even offering proceedings in English. "At least one European country has to be able to process international commercial litigation," says Guy Canivet, a former chief justice of the French Supreme Court who wrote a report on Paris's jurisdiction post-Brexit. "It's a matter of sovereignty."