Law firm: New EU regulation enables easier ship arrests

A revision of the Brussels 1 Regulation makes it possible for a court to arrest ship assets throughout the EU, says Rotterdam-based law firm AKD.

Photo: AKD

Rotterdam-based law firm AKD informs in a statement on Wednesday that a recent revision of the EU's Brussels 1 Regulation makes it possible to quickly seize assets anywhere in the EU if parties include a choice of forum clause conferring jurisdiction on the court in their contracts.

The regulation makes it possible to enforce the EU measures granted on the basis of a simple application by a party in any individual member state throughout the EU.

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