Financial Services

Ministry of Justice written question – answered on 12th September 2014.

Alert me about debates like this

Photo of Bob Ainsworth Bob Ainsworth Labour, Coventry North East

To ask the Secretary of State for Justice, what steps he plans to take to enforce the payment of costs awarded against off-shore hedge funds by the courts in civil cases decided in the UK.

Photo of Shailesh Vara Shailesh Vara The Parliamentary Under-Secretary of State for Justice

The primary function of the civil courts is to provide a forum in which private individuals can resolve their disputes. It is for the creditor to pursue enforcement of any costs order in his or her favour in another jurisdiction. The success of enforcement abroad largely depends on the nature of the order and where it is to be enforced, since the recognition and enforcement of judgments of a foreign jurisdiction will depend on the private international law rules (including any rules applicable due to international agreements) of the state in which it is sought to enforce.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.