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Choice of law in commercial contracts and regulatory competition: new steps to be made by the EU?
The recently published study titled ‘European Commercial Contract Law’, authored by Andrea Bertolini, addresses the theme of regulatory competition. It offers new policy recommendations to improve EU legal systems’ chances of being chosen as the law governing commercial contracts.
The Study’s main question
The European Parliament’s Committee on Legal Affairs has published a new study authored by Andrea Bertolini, titled ‘European Commercial Contract Law’ (the ‘Study’). The Study formulates the main question as follows: ‘why the law chosen in commercial contracts is largely non-European and non-member state law’. The expression ‘non-European and non-member state’ law is specified as denoting the legal systems of England and Wales, the United States, and Singapore, and more generally, common law legal systems. The Study states:
It is easily observed how most often international contracts are governed by non-European law. The reasons why this occurs are up to debate and could be quite varied both in nature and relevance. Indeed, a recent study by Singapore Academy of Law (SAL) found that 43 per cent of commercial practitioners and in-house counsel preferred English law as the governing law of the contracts. Read more
Financial Hardship and Forum Selection Clauses
The U.S. Supreme Court has long held that a forum selection clause should not be enforced when “trial in the contractual forum will be so gravely difficult and inconvenient” that the plaintiff “will for all practical purposes be deprived of his day in court.” The financial status of the plaintiff is obviously a factor that should be considered as part of this inquiry. Large corporations can usually afford to litigate cases in distant courts. Individual plaintiffs frequently lack the resources to do so. Nevertheless, the lower federal courts in the United States have repeatedly held that financial hardship on the part of the plaintiff is not enough to make an otherwise valid forum selection clause unenforceable. Read more
Revised Canadian Statute on Judgment Enforcement
Two years ago, the Uniform Law Conference of Canada (ULCC) released a revised version of the Court Jurisdiction and Proceedings Transfer Act (CJPTA), model legislation putting the taking of jurisdiction and staying of proceedings on a statutory footing. The statute is available here.
The ULCC has now released a revised version of another model statute, the Enforcement of Canadian Judgments Act (ECJA). The original version of this statute was prepared in 1998 and had been amended four times. It has now been consolidated and substantially revised. It is available here and background information is available here and here.
News
Out now: Festschrift für Thomas Rauscher
Prof. Dr. Dr. h.c. Thomas Rauscher, formerly a professor of private international law at the University of Leipzig (Germany) and still one of the most prolific commentators on German and European PIL, has been honoured by a Festschrift on the occasion of his 70th birthday. The volume, titled “Europeanization of private law”, has 623 pages and is published by CH Beck (Munich). It contains numerous contributions on private international law, comparative law and international civil procedure. The authors come from various countries, including Germany, Austria, Hungary, the United States and Vietnam. Most contributions are in German. For further information and a table of contents, please click here.
New issue alert: RabelsZ 89(2005)
Issue 1/2025 of RabelsZ has just just been released. It contains the contributions to a family law symposium held at the Max Planck Institute in Hamburg in June 2024. All content is Open Access: CC BY 4.0 and more articles are available Online First.
Anne Röthel, Preface to this family law special, pp. 1–2, https://doi.org/10.1628/rabelsz-2025-0003
AMEDIP’s upcoming webinar: Private International Law in the Inter-American system: A glance in the light of the 50 anniversary of the CIDIP (27 February 2025 – in Spanish)
The Mexican Academy of Private International and Comparative Law (AMEDIP) is holding a webinar on Thursday 27 February 2025 at 14:30 (Mexico City time – CST), 21:30 (CET time). The topic of the webinar is ‘Private International Law in the Inter-American system: A glance in the light of the 50 anniversary of the CIDIP’ and will be presented by OAS Director Dante Negro (in Spanish).
CIDIP is the Spanish acronym for the Inter-American Specialized Conferences on Private International Law. For a history of the CIDIP, click here. Read more