Contract Law in Contemporary International Commerce

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Considerations on the complex relationship between legal process and market process in the new era of globalisation

ISBN: 384876038X
ISBN 13: 9783848760381
Autor: Passarelli, Gianluigi
Verlag: Nomos Verlagsgesellschaft mbH & Co. KG
Umfang: 207 S.
Erscheinungsdatum: 10.07.2019
Auflage: 1/2019
Gewicht: 318 g
Produktform: Kartoniert
Einband: Kartoniert
Artikelnummer: 7703996 Kategorie:

Beschreibung

According to the Rome I Regulation, the proper functioning of the internal market creates a need, in order to improve the predictability of the outcomes of litigation, certainty as to the law applicable [] therefore legal certainty should be highly foreseeable and as a consequence [] the courts should retain a degree of discretion. To illustrate this reasoning, it is necessary to conduct an analysis that focuses critically on the complex relationship between legal processes and market processes. Therefore, this book focuses on a modern economic analysis of contract law as well as on the battle between legal certainty and legal congruence. In its conclusion, the book points out the urgent need for a new contract law theory that enhances the real economic intentions of the parties involved, and for a new reasonable rule of PiL that does not harm the contractual parties that represent the principal players in the market.

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