This Master’s thesis with the title Recognition and enforcement of international settlements
examines the European and Slovenian legislation concerning the recognition and enforcement
of court settlements in private international law in civil and commercial matters. It also presents
the comparative legal regulation of the procedures for recognizing and enforcing court
settlements in the Brussels I Regulation, the Brussels I bis Regulation, and in third-generation
EU regulations, i.e., the European enforcement order for uncontested claims regulation, the
European order for payment procedure regulation, and the European small claims procedure
regulation. The second part of this Master’s thesis focuses on the possibilities for cross-border
enforcement of out-of-court settlements. Specifically, the second part of this thesis examines
the procedure for recognizing and enforcing international settlements achieved through
commercial mediation processes under the Singapore Convention. A comparison is drawn
between the Singapore Convention and the New York Convention on the recognition and
enforcement of foreign arbitral awards. The final section of the Master’s thesis highlights the
disparity between the progressive EU regulation of the procedures for recognizing and
enforcing court settlements and the absence of international legal regulation of the procedures
for recognizing and enforcing out-of-court settlements. Currently, the cross-border recognition
and enforcement of out-of-court settlements is primarily governed only by the European small
claims procedure regulation and the European order for payment procedure regulation, and, at
the international level, by the Singapore Convention. While the Singapore Convention
represents a significant advancement towards unifying the system of recognizing and enforcing
international settlements, it has yet to be ratified by EU countries.
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