Does International Trade Need a Doctrine of Transnational Law? Some
This paper looks at the current status and role of specific commercial contract law both national and international in view of recent European contract law reform. It reviews the value and necessity of a special and separate contract law for merchants in
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Maren Heidemann
Does International Trade Need a Doctrine of Transnational Law? Some Thoughts at the Launch of a European Contract Law
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Dr. Maren Heidemann Institute of Advanced Legal Studies University of London 17 Russell Square London, WC1B 5DR UK
ISSN 2192-855X ISBN 978-3-642-27499-2 DOI 10.1007/978-3-642-27500-5
e-ISSN 2192-8568 e-ISBN 978-3-642-27500-5
Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2012931418 The Author(s) 2012 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Acknowledgments
The author wishes to thank the University of Oslo, Department of Private Law, Prof. M. Andenas, for their hospitality and academic support in preparing this paper.
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Contents
1
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Review of Current Use of the Law Merchant in Domestic and International Law . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.1 Uniform Commercial Law as Responding to a Need to Promote Uniformity on Behalf of International Trade by Purpose and Scope. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.2 Commercial Contract Law in the Discussions of the Expert Group on the Drafting of a European Contract Law . . . . 2.3 Special Problems of International Trade . . . . . . . . . . . . . . . . . . 2.3.1 …Typically Addressed in Standard Contract Forms . . . . 2.3.2 …Leading to Specialised Infrastructure in Arbitration and Public Law Initiatives . . . . . . . . . . . . . . . . . . . . . . 2.4 Choice of Law Issues and Need for Transnational Contractual Regime. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.4.1 Is There a Need for a Specialised Substantive Commercial Contract Law? . . . . . . . . . . . . . . . . . . . . . 2.4.2 If There is a Need for Uniform Commercial Contract Law How Can it be Effected Under the Current Choice of Law Regime? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.5 How Can it be Effected with a Comparative Law Approach? . . . 2.5.1 Example: Compara
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