Abstract

http://ssrn.com/abstract=2251144
 


 



Is Lex Mercatoria Jeopardizing the Application of Substantive Law?


Leonid Shmatenko


Chair of German and Foreign Public Law, European Law and Public International Law

April 15, 2013

Czech (& Central European) Yearbook of Arbitration, Volume III, 2013, Borders of Procedural and Substantive Law in Arbitral Proceedings (Civil versus Common Law Perspectives)

Abstract:     
The following article discusses the application of lex mercatoria by domestic courts and international arbitral tribunals instead of or supplementary to domestic substantive law. Emphasising the legal status of lex mercatoria, the article evaluates its value compared to substantive law. To provide legal certainty, it also tries to establish certain criteria regarding the recognition of certain business principles as lex mercatoria.

Number of Pages in PDF File: 31

Keywords: lex mercatoria, CISG, UNIDROIT, Handelsbrauch, merchant law, customary law, substantive law, arbitration, requirements, apllicable law, UNIDROIT, Russia, Ukraine, Germany

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Date posted: April 16, 2013 ; Last revised: April 29, 2013

Suggested Citation

Shmatenko, Leonid, Is Lex Mercatoria Jeopardizing the Application of Substantive Law? (April 15, 2013). Czech (& Central European) Yearbook of Arbitration, Volume III, 2013, Borders of Procedural and Substantive Law in Arbitral Proceedings (Civil versus Common Law Perspectives). Available at SSRN: http://ssrn.com/abstract=2251144

Contact Information

Leonid Shmatenko (Contact Author)
Chair of German and Foreign Public Law, European Law and Public International Law ( email )
Universitätsstr. 1
Düsseldorf, D-40225
Germany
+49 211 81-11713 (Phone)
HOME PAGE: http://www.jura.hhu.de/en/dozenten/lorz/unser-team.html
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