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- Title
The Hague solution on choice-of-law clauses in conflicting standard terms: paving the way to more legal certainty in international commercial transactions?
- Authors
Graziano, Thomas Kadner
- Abstract
During contract negotiation, parties often refer to their respective standard terms at some stage of the negotiations. When the contract is international, these standard terms often contain choice-of-law clauses. More often than not, each party will designate its own law as the law governing the contract in its respective standard terms. The question then is: do any of the standard terms prevail and which law applies to solve the battle of forms? The Hague Principles on Choice of Law in International Commercial Contracts, approved in March 2015, provide a solution for this issue. This contribution looks at recent academic commentary on the Hague solution and analyses whether Article 6 of the Hague Principles has helped, or may indeed help in the future, to increase legal certainty in international commercial transactions. The contribution examines the conclusions that national, interregional and international legislators or courts may draw from the relevant academic discussion. It submits a proposal aiming to close the gap that exists in the Rome I Regulation with respect to choice of law in the battle of forms situations and also suggests applying the same solution to both conflicting choice-of-law clauses and conflicting choice-of-court clauses in standard forms.
- Subjects
CLAUSES (Law); CONTRACTS; CONFLICT of laws; COMMERCIAL law
- Publication
Uniform Law Review, 2017, Vol 22, Issue 2, p351
- ISSN
1124-3694
- Publication type
Article
- DOI
10.1093/ulr/unx027