The foreign judgments and arbitral awards have no direct force outside the forum’s jurisdiction. They will have effect in a foreign jurisdiction only after their recognition in special procedure. If we are talking about recognition of foreign judgments and arbital awards as a main issue, the most autors in Montenegro and Serbia consider that the best procedure is extra-judiciary procedure. The procedure for recognition and enforcement in United States of America starts with an action on the foreign judgment, and the claimant practicly demands confirmation of foreign judgments by it’s converting into american judgment.
Comparating survey of procedures for recognition of foreign judgments and arbitral awards in Montenegro, Serbia and United States of America, leads us to conclusion that there is substantial reciprocity betwean all of them. The fact that procedure in Montenegro and Serbia starts with application, and in United States of America with an action, could not affect it. Because, in all of these countries, the recognizing court just check are all formal and substantial conditions fulfilled, and in no circumstances may a foreign judgment be reviewed as to it’s substance.
The conditions and procedure for recognition in United States of America are not more difficult than conditions or procedure in Montenegro and Serbia, and vice versa, so some existing differences should not contribute to non-recognizing american judgments in Montenegro or Serbia, or montenegrinian or serbian judgments in United States of America.Priznavanje stranih sudskih i sa njima izjednačenih odluka, te stranih arbitražnih odluka, u duhu je sa trendom globalizacije i rastuće međuzavisnosti država. U situaciji kada je protok ljudi, roba, usluga i kapitala olakšan, broj potencijalnih odluka čije će se priznanje eventualno zatražiti, u praksi raste. Povećanjem broja transakcija sa međunarodnim karakterom, povećava se i značaj i uloga priznanja stranih odluka. Fizičkim licima su olakšana putovanja preko granica jedne države, sve veći razvoj interneta i elektronske trgovine čini da pojedinci rutinski trguju, potražuju i zadužuju se i van granica sopstvene države. Samim tim broj potencijalnih odluka čije će se priznanje i izvršenje zatražiti postaje sve veći.
Ono čemu bi trebalo da se teži je kreiranje prostora u kome bi bio omogućen slobodan protok sudskih i arbitražnih odluka. Na ovakav način, pravna sigurnost stranaka bila bi izdignuta na viši stupanj, uštedjelo bi se značajno vrijeme i novac.
U nastavku, poseban akcenat biće stavljen na sličnosti odnosno razlike u sistemima i postupku priznanja stranih odluka u Crnoj Gori, Republici Srbiji i Sjedinjenim američkim državama
