The German Higher Regional Court of Düsseldorf holds that for foreign arbitration awards to be recognised and enforced in Germany they have to comply with fundamental provisions of competition law (Regenerative Wärmetauscher)

On 21 July 2004, the German Higher Regional Court of Düsseldorf issued a decision on the recognition and enforcement of foreign arbitration awards as regards competition law matters [1] . Facts Until the end of 1989 the defendant was a producer and distributor of regenerative heat exchangers for use in power plants. Since 1990, the defendant has been active in this field via one of its subsidiaries and has continued to support another licensee. In 1989 the defendant decided to stop its activities in this area of business and concluded a licence agreement for a period of ten years with the plaintiff. The plaintiff itself was not active at operational level but licensed its industrial property rights to a competitor of the defendant. In this licence agreement the defendant conferred

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Auteurs

  • Gleiss Lutz (Munich)
  • Milbank, Tweed, Hadley & McCloy (Munich)

Citation

Petra Linsmeier, Moritz Lichtenegger, The German Higher Regional Court of Düsseldorf holds that for foreign arbitration awards to be recognised and enforced in Germany they have to comply with fundamental provisions of competition law (Regenerative Wärmetauscher), 21 juillet 2004, e-Competitions July 2004, Art. N° 21234

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