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Tag Archive for: Auction

The Art. 2(b) CISG Conundrum: Are Tender Contracts Under the Ambit of an Auction?

January 12, 2025/in Views/by Jeanne Huang
By Harddit Bedi* and Akansha Tripathy**

Introduction

It is beyond dispute that The Convention of International Sales of Goods, 1980 (CISG) has facilitated international trade disputes. However, Courts and tribunals continue to apply their minds in adjudicating the applicability of CISG before advancing into substantive issues. This exercise is not very prolific as it prolongs proceedings. Chapter 1 of the convention lays down the scope and extent of the CISG. Amongst other things, the CISG application does not apply to contracts formed by, inter-alia, auctions under Art. 2(b) of CISG.  The word auction itself is nowhere defined in the convention.

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https://conflictoflaws.net/News/2020/08/CoL_Banner-1.png 0 0 Jeanne Huang https://conflictoflaws.net/News/2020/08/CoL_Banner-1.png Jeanne Huang2025-01-12 22:15:582025-01-12 22:15:58The Art. 2(b) CISG Conundrum: Are Tender Contracts Under the Ambit of an Auction?

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