Israel - Enforcement of Money Judgments
Originally from Enforcement of Money Judgments
Preview Page
I. PRESENT ATTITUDE TOWARD ENFORCEMENT OF FOREIGN MONEY JUDGMENTS
A. Describe the receptiveness of your government (including courts) toward enforcement of foreign money judgments.
According to Israeli law, a local court shall use its coercive powers to order the relief granted by the foreign court within the foreign money judgment (just as any other foreign judgment) provided that the provisions stipulated within the Foreign Judgment Enforcement Act–1958, (which governs the recognition and enforcement of foreign judgments in Israel) (hereinafter referred to as: the “Foreign Judgment Enforcement Act”) have been fully satisfied, and subject to certain statutory exceptions and procedural requirements.
B. Briefly describe recent illustrative attempts, whether successful or unsuccessful, to enforce a foreign money judgment in your country, particularly with regard to enforcement of any judgments from United States courts.
On March 2009, the Supreme Court in Jerusalem ruled in the case of the civil appeal in the matter of Grinberg vs. Bamira,1 that a money judgment obtained by a litigant in a foreign judicial proceeding (by the Supreme Court of the State of New York) shall be fully enforced in Israel in accordance with the relevant governing Law. The foreign court rendered a money judgment in the accumulating sum of approximately 1.5 Million NIS in favor of the respondent on the grounds of a breach of the appellant's contractual obligations and the breach of its duty of good faith and fair dealing towards the respondent. According to the foreign judgment, the respondent was entitled to both Punitive Damages and Compensatory Damages for the losses he endured due to the acts and omissions of the appellant.