Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-10-Speech-2-359-000"

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"en.20110510.60.2-359-000"2
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"One necessary component of effective enforcement of judgments is that courts must be able, as an interim measure, to act swiftly to order a disclosure of the debtor’s assets and to freeze them. Without such a measure, rogue traders and other debtors may evade their responsibilities by simply moving their assets to another jurisdiction, thus denying the creditor effective enforcement of the judgment in the Single Market. That is why we need to establish a genuine 28th system, by which I mean an additional, autonomous European protection mechanism to go alongside those available in the national courts. This preventive measure will also provide a further deterrent against payment delays and will force the disclosure of assets in cross-border claims."@en1

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