Commercial Court


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Court, Commercial

 

in certain bourgeois countries—for example, in France, Belgium, Austria, and Switzerland (certain cantons)—a judicial institution with special jurisdiction. For the most part, commercial courts settle disputes over commercial transactions. In other countries, commercial disputes are settled either by special divisions of the civil courts or by judges who specialize in the consideration of such disputes.

Commercial courts originated during the period of feudalism in response to the desire of influential commercial groups for legal autonomy. They persist in countries with a dual system of private law, that is, countries in which civil and commercial law are separate and distinct from each other.

References in periodicals archive ?
From a procedural standpoint, an international commercial court offers certain advantages that are a combination of international arbitration and litigation in a national court.
In August, the Dubai Commercial Court commissioned the 73-year-old auditor to audit the financial operations and issue his report in the commercial dispute.
Speaking before the House finance committee, Justice Minister Ionas Nicolaou said a bill regulating the operation of a commercial court was currently being processed by the Legal Service.
Summary: How the establishment of commercial courts is making the judicial system friendlier for businesses.
Reportedly, the upcoming decision of the Commercial Court of Nanterre is the last prior approval necessary for the implementation of the plan.
DoCoMo had approached London's Commercial Court seeking enforcement of London Court of International Arbitration ( LCIA) award against the Tatas for breach of contractual obligations pertaining to a shareholders' dispute in Tata Teleservices.
Tata Sons said that the London Commercial court has granted the company time till August 23 to apply to set aside the ex parte order.
Acting on respondents' motion, Branch 276 dismissed the case for lack of jurisdiction because it was an intracorporate dispute that should have been assigned to the designated Special Commercial Court (Branch 256) of Muntinlupa.
Bulgaria filed the lawsuit in Amsterdam commercial court last year after its partners refused to close the project company.
At the beginning of the year, Zimbabwe became one of the most recent African countries to announce its intention to build a dedicated commercial court, joining the ranks of Benin, Burkina Faso, Cameroon, Cote d'Ivoire, Ghana, Guinea-Bissau, Lesotho, Liberia, Malawi, Mauritius, Mozambique, Rwanda, Senegal, the Seychelles, Sierra Leone and Togo in having a dedicated commercial court.
In the long list of Dubai's achievements over the past two decades, the creation of a modern, efficient and accessible commercial court may seem relatively modest
A former Judge in Charge of the Commercial Court in the High Court of London, he has particular expertise in maritime law and the commercial, banking, insurance, oil and gas, and aerospace sectors.

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