Two companies involved in an international transaction contractually agreed on which country's laws would apply and which country's court would preside over litigation of disputed matters. According to those provisions, an English court awarded judgment in favour of the Canadian company against the Italian company for breach of contract. Which of the following would immediately indicate that the Canadian company continues to face a significant hurdle with regard to successfully concluding the disputed matter?
A) refusal by the New York Commercial Award Enforcement Agency to recognize the validity of the U.K. court's decision
B) the refusal of an Italian court to accept jurisdiction to enforce the judgment obtained from the English court
C) the filing of an appeal of the English court's decision with the UNCITRAL International Commercial Appeal Court
D) the tardiness of the Italian company to submit payment in honour of the judgment given by the English court
Correct Answer:
Verified
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