Data

Date:
00-00-2002
Country:
Arbitral Award
Number:
10930
Court:
ICC International Court of Arbitration 10930
Parties:
Parties unknown

Keywords

CONTRACT BETWEEN A FRENCH COMPANY AND A ROMANIAN COMPANY - CONTAINING A CHOICE OF LAW CLAUSE IN FAVOUR OF ROMANIAN LAW - REFERENCE ALSO TO THE UNIDROIT PRINCIPLES, DEFINED "INTERNATIONALLY RECOGNISED", TO SUPPORT SOLUTION ADOPTED UNDER APPLICABLE DOMESTIC LAW

MISTAKE - REFERENCE TO ARTICLES 3.4 AND 3.5 UNIDROIT PRINCIPLES

FRAUD - REFERENCE TO ARTICLES 3.8 UNIDROIT PRINCIPLES

Abstract

A contract between a French company and a Romanian company contained a choice-of-law-clause in favour of Romanian law. Nevertheless, when a dispute arose the Arbitral Tribunal, faced with questions concerning mistake and fraud, referred not only to the relevant provisions of Rumanian law, but also to those of French law and of the UNIDROIT Principles, the latter because "internationally recognised" (“internationalement reconnus”).

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.141)}}