Economic Value of the Judiciary : A Pilot Study for Five Countries on Volume, Value and Duration of Large Commercial Cases

• Record Nr.: UNINA9910915611203321
• Autore: Costello Caroline
• Pubbl/distr/stampa: The Hague : , : Boom Uitgevers Den Haag, , 2021; ©2021
• ISBN: 90-8974-552-1
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (124 pages)
• Altri autori (Persone): van DijkFrans; GiorgiSilvia
• Soggetti: Economic impact analysis; Judicial process
• Lingua di pubblicazione: Olandese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di contenuto: Preface -- About the authors -- Table of contents -- Summary -- 1 Introduction -- 2 Economic literature on courts and economic performance -- 3 Existing data on civil litigation -- 4 Comparison of volume and value of commercial litigation -- 4.1 Volume and value of all commercial cases in the Netherlands and Norway -- 4.2 Volume and value of commercial cases in Lithuania and the Netherlands -- 4.3 Volume and value of commercial cases above EUR 1 million for five countries -- 4.4 Value of adjudicated cases versus value at stake in commercial litigation at the courts -- 5 Comparison of the costs of high value litigation -- 5.1 Costs of large volume of high value litigation -- 5.2 Performance and costs of high value commercial procedures -- 5.2.1 Duration -- 5.2.2 Appeal rates -- 5.2.3 Interaction of the volume and duration of court cases -- 5.2.4 Conclusions based on administrative data of courts -- 6 Comparison of commercial procedures in detail -- 6.1 Case selection -- 6.2 Analysis of case description per jurisdiction -- 6.3 Analysis of case descriptions across jurisdictions -- 7 Discussion -- References -- Annex 1 Description of civil procedure in five countries, relevant for the case study -- Annex 2 Case descriptions
• Sommario/riassunto: This book provides an empirical study on the economic impact of large ; commercial court cases in five European countries: Ireland, Italy, Lithuania, the Netherlands, and Norway. It investigates the volume, value, and duration of these cases, highlighting the significant economic activity 'paralyzed' by legal disputes. The study emphasizes the importance of an efficient judiciary for economic performance and identifies areas for improvement in each country's judicial system. It presents unique data on the financial stakes in commercial litigation and analyzes case descriptions to understand the performance differences across jurisdictions. The collaboration between the European Network of Councils of the Judiciary and Utrecht University's Montaigne Centre underscores the necessity of investing in a modern judiciary to support sustainable economic growth.