Data

Date:: 00-00-2003
Country:: Arbitral Award
Number:: 11575
Court:: ICC International Court of Arbitration 11575
Parties:: Parties unknown

Keywords

UNIDROIT PRINCIPLES TO BE PREFERRED TO THE LEX MERCATORIA AND OTHER SIMILARLY “VAGUE AND HETEROCLITIC“ ANATIONAL PRINCIPLES AND RULES

Abstract

In a dispute the Arbitral Tribunal decided to apply the UNIDROIT Principles rather than other anational principles and rules in view of the fact that they are much more precise than the lex mercatoria and other similarly “vague and heteroclitic“ principles and rules.

Fulltext

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Source

E. Jolivet, L'harmonisation du droit OHADA des contrats: l'influence des Principes d'UNIDROIT en matière de pratique contractuelle et d'arbitrage, in Unifrom Law Review, p. 127 et seq. (p.142 fn 35)}}