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  • Trade Usages and Implied Terms in the Age of Arbitration

    Trade Usages and Implied Terms in the Age of Arbitration by Gélinas, Fabien;

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    Product details:

    • Publisher OUP USA
    • Date of Publication 16 June 2016

    • ISBN 9780199916016
    • Binding Hardback
    • No. of pages328 pages
    • Size 160x234x27 mm
    • Weight 612 g
    • Language English
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    Short description:

    In Trade Usages and Implied Terms in the Age of Arbitration, Fabien Gélinas, along with a distinguished group of leaders from the international community, provide a clear explanation of how usages, and more generally the implicit or implied content of international commercial contracts, are approached by some of the most influential legal systems in the world.

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    Long description:

    If a dispute between commercial parties reaches the stage of arbitration, the cause is usually ambiguous contract terms. The arbitrator often resolves the dispute by applying trade usages, either to interpret the ambiguous terms or to determine what the given contract's terms really are. This recourse to trade usages does not create many problems on the domestic level. However, international arbitrations are far more complex and confusing.

    Trade Usages and Implied Terms in the Age of Arbitration provides a clear explanation of how usages, and more generally the implicit or implied content of international commercial contracts, are approached by some of the most influential legal systems in the world. Building on these approaches and taking account of arbitral practice, this book explores possible conceptual frameworks to help shape the emerging transnational law of trade usage. Part I covers the treatment and conceptual grounding of usages and implied terms in the positive law of influential jurisdictions. Part II defines the approach to usages and implied terms adopted in the design and implementation of important uniform law instruments dealing with international business contracts, as well as in the practice of international commercial arbitration. Part III concludes the book with an outline of what the conceptual grounding of trade usages could be in the transnational law of commercial contracts.

    Overall, Trade Usages and Implied Term in the Age of Arbitration offers a useful summary of the application of trade usages in major legal systems, while not shying away from the complexity and difficult questions the employment of such usages invites in the transnational context. It will therefore undoubtedly prove helpful to both practitioners of transnational arbitration, as well as more academically minded lawyers.

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    Table of Contents:

    Contributors
    Foreword
    Introduction
    Fabien Gélinas
    Part I - National Perspectives on Usages and Implied Terms
    1. Customs and Usages in England: Achieving Interpretive Accuracy by Giving Effect to Unexpressed Intent
    Geoff R. Hall
    2. Usages and Implied Terms under French and Belgian Positive Law: A Subjective Approach Tending toward Objectivity
    Lydie Van Muylem
    3. White Space, Implied Terms, and the Concept of Usage in Quebec
    Marie-Claude Rigaud
    4. Usages and Implied Terms in Italy
    Luca G. Radicati di Brozolo & Giacomo Marchisio
    5. Not Merely Facts: Trade Usages in German Contract Law
    Helge Dedek
    6. Usages and Implied Terms in the United States
    Christopher R. Drahozal
    Part II - Trade Usages and Implied Terms in Transnational Law
    7. Trade Usages in the Convention on Contracts for the International Sale of Goods
    Genevi?ve Saumier
    8. Usages and Implied Obligations under the UNIDROIT Principles of International Commercial Contracts
    Lauro Gama, Jr.
    9. Trade Usages in ICC Arbitration
    Emmanuel Jolivet, Giacomo Marchisio & Fabien Gélinas
    Part III - Toward a Transnational Law of Trade Usages
    10. The Law Merchant and Choice of Law
    H. Patrick Glenn
    11. Trade Usages as Transnational Law
    Fabien Gélinas
    Appendix - Provisions on Trade Usages in International Arbitration and Transnational Contract Instruments
    Index

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