... Its Report concluded that the Brussels I Regulation is a highly successful instrument, which has facilitated crossborder litigation through an efficient system of judicial cooperation based on comprehensive jurisdiction rules, coordination of parallel proceedings and rules to ensure the mutual recognition of judgments. Reform of the Brussels I Regulation's rules, in particular its jurisdiction settlement rules, raises a number of highly technical legal matters with ramifications for London's role as a centre for international legal dispute resolution and as a respected seat of international arbitration. ...