Enforcement Of Foreign Judgments In Australia

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In an increasingly globalised business environment, it is not uncommon for a company or individual to enter into transactions or hold assets in several jurisdictions around the world. If such a company or individual were to become a judgment debtor pursuant to a judgment issued in Jurisdiction X, the judgment creditor could seek to enforce that judgment in Jurisdiction Y if the judgment debtor holds assets in Jurisdiction Y and the laws in that jurisdiction provide for the recognition and enforcement of foreign judgments.

STATUTORY ENFORCEMENT -

In Australia, a foreign judgment can be enforced by registering the judgment under Part 2 of the Foreign Judgments Act 1991 (Cth) (the Act). The key points under the Act are...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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