GF 323
機密
CONFIDENTIAL ##
3
(b)
in countries in
respect
of
which UK
bilateral treaties
have been applied to
Hong Kong; and
(c)
in a number of Commonwealth jurisdictions
under a Commonwealth scheme.
Lack of reciprocity
5.
No
adequate system of
enforcement
exists
in
relation to other jurisdictions, for example, most civil
law jurisdictions, among them many of Hong Kong's regional
partners.
trading
pursue the assets
must commence new
to
Where
judgment
creditor wishes to
of the debtor in such a jurisdiction he
a new,
second judgment.
legal proceedings in that place and try
This is
costly,
obtain
time-consuming and inconvenient.
6.
In Hong
Kong
civil judgments
obtained in any
other
jurisdiction may be enforced either under common law
principles
by registration if the jurisdiction has been
designated under local legislation. Hong Kong business and legal representatives have pointed out that, while a person
it enforce
with who
obtains а
can judgment elsewhere
relative ease in Hong Kong, the reverse is often not the
Local businessmen are therefore at a disadvantage.
case.
CONFINITIAL
機密
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