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The Commentary on the UNIDROIT Principles of International Commercial Contracts is written by an international team of distinguished practitioners and academics. They offer an article by article commentary on the principles to provide an accessible guide to the existing case law and legal literature, as well as a comparison with national and international legislation. The UNIDROIT Principles of International Commercial Contracts are the result of the ambitious quest to codify the lex mercatoria; those unwritten rules of the game by which merchants have always understood to do international business. Since the publication of their first version in 1994, the UNIDROIT Principles have been impressively successful. They have become a serious alternative to national contract laws in international disputes decided by arbitral tribunals, such as those administered by the International Chamber of Commerce (ICC). At the same time, they have been accepted as a model for reforming the laws on inte
This work investigates the practical application and legal interpretation of the UNIDROIT Principles of International Commercial Contracts as a codified framework for global business transactions. The authors, a team of distinguished legal academics and practitioners, provide a comprehensive analysis of the principles to assist in the resolution of international commercial disputes. By synthesizing case law, academic literature, and comparative national legislation, the text establishes a clear methodology for applying these rules in arbitral and judicial settings.
What You Will Find
Legal professionals and scholars frequently cite this commentary as a foundational resource for understanding the practical implementation of the UNIDROIT Principles. Experts highlight the text for its rigorous academic depth and its utility as a primary reference tool for practitioners engaged in international commercial arbitration.
Page Count:
1319
Publication Date:
2008-09-10
Publisher:
Oxford University Press
ISBN-10:
0199291756
ISBN-13:
9780199291755
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