Boilerplate clauses, international commercial contracts and the applicable law

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Veröffentlicht: Cambridge [u.a.] Cambridge Univ. Press 2011
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Datensatz im Suchindex

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adam_text IMAGE 1 CONTENTS LIST OF CON TRIBU TORS PAGE XVII PREFACE XXI INTRODUCTION 1 GIUDITTA CORDERO-MOSS 1 OVERVIEW OF THE BOOK 1 2 THE FINDINGS 3 3 ACKNOWLEDGMENTS 4 PART L HOW CONTRACTS ARE WRITTEN IN PRACTICE 7 INTRODUCTION TO PART 1 9 1. NEGOTIATING INTERNATIONAL CONTRACTS: DOES THE PROCESS INVITE A REVIEW OF STANDARD CONTRACTS FROM THE POINT OF VIEW OF NATIONAL LEGAL REQUIREMENTS? 11 DAVID ECHENBERG 1 HOW IT ALL GOT STARTED 12 1.1 NOT ALL CONTRACTUAL TERMS ARE CREATED EQUAL 12 1.2 IMPERFECT INFORMATION 15 1.3 NON-NEGOTIATED CONTRACTS 17 2 THE END RESULT 18 2.1 THE CONTRACT AS AN IMPERFECT COMPROMISE 18 2.2 CONSEQUENCES 18 2. MULTINATIONAL COMPANIES AND NATIONAL CONTRACTS 20 MARIA CELESTE VETTESE 1 INTRODUCTION 20 IMAGE 2 VI CONTENTS 2 STANDARD CONTRACTUAL STRUCTURES, THEIR IMPACT ON NATIONAL LEGISLATIONS AND THE EXPECTATIONS OF THE PARTIES 22 3 THE IN-HOUSE LAWYER PERSPECTIVE 29 PART 2 METHODOLOGICAL CHALLENGES 33 INTRODUCTION TO PART 2 35 3. DOES THE USE OF COMMON LAW CONTRACT MODELS GIVE RISE TO A TACIT CHOICE OF LAW OR TO A HARMONISED, TRANSNATIONAL INTERPRETATION? 37 GIUDITTA CORDERO-MOSS 1 DOES THE DRAFTING STYLE IMPLY A CHOICE OF THE APPLICABLE LAW? 37 1.1 TACIT CHOICE OF LAW 39 1.2 CLOSEST CONNECTION 41 1.3 CONCLUSION 43 2 IS A UNIFORM INTERPRETATION OF INTERNATIONAL CONTRACTS THAT IS INDEPENDENT FROM THE APPLICABLE LAW POSSIBLE? 43 2.1 TRANSNATIONAL SOURCES 44 2.2 DOES TRANSNATIONAL LAW HAVE THE FORCE OF LAW? 45 2.3 DOES TRANSNATIONAL LAW EXCLUDE THE APPLICABLE LAW? 47 2.3.1 SPECIFIC CONTRACT REGULATIONS 47 2.3.2 GENERAL CONTRACT REGULATIONS 48 2.4 DOES TRANSNATIONAL LAW PROVIDE A UNIFORM STANDARD? 52 3 CONCLUSION 60 4. COMMON LAW-BASED CONTRACTS UNDER GERMAN LAW 62 GERHARD DANNEMANN 1 INTRODUCTION 62 2 LIKELY PROBLEMS 64 3 COURT PRACTICE 67 3.1 SHIPPING CONTRACTS, EXCLUSION AND PENALTY CLAUSES 68 3.2 FINANCIAL SECURITIES AND GOOD FAITH 74 3.3 BROKERAGE AND GOOD FAITH 75 3.4 CONSTRUCTION CONTRACTS, WARNINGS AND FAULT 75 3.5 CONTROL OF STANDARD TERMS AND EXCLUSION CLAUSES 76 4 CONCLUSIONS 77 IMAGE 3 CONTENTS VLL 5. COMPARING EXCULPATORY CLAUSES UNDER ANGLO-AMERICAN LAW: TESTING TOTAL LEGAL CONVERGENCE 80 EDWARD T. CANUEL 1 INTRODUCING THE COMPARATIVE LEGAL METHOD: THE FIRST STEP IN EVALUATING TOTAL LEGAL CONVERGENCE 81 1.1 LEGAL CONVERGENCE THEORY: DISCUSSION POINTS 83 2 EXCULPATORY CLAUSES: BACKGROUND, INTERACTION WITH CONTRACTUAL THEORIES AND DUTIES 85 2.1 THE ROLE OF UNCONSCIONABILITY 86 2.2 ASSENT, DUTY TO READ 87 3 TESTING CONVERGENCE WITHIN THE ANGLO-AMERICAN FAMILY: TOWAGE CONTRACTS AND EXCULPATORY CLAUSES 93 3.1 THE DEVELOPMENT OF US LAW: BISSO AND BEYOND 93 3.2 THE COMMON LAW FAMILY COMPARISON: ENGLISH LAW 95 3.3 THE ROLE OF LEGAL TECHNICALITIES 98 4 CONCLUSION: A STEP AWAY FROM TOTAL LEGAL CONVERGENCE 101 6. CIRCULATION OF COMMON LAW CONTRACT MODELS IN EUROPE: THE IMPACT OF THE EUROPEAN UNION SYSTEM 104 JEAN-SYLVESTRE BERGH 1 THE EUROPEAN UNION SYSTEM AND CIRCULATION OF COMMON LAW CONTRACT MODELS 104 2 AN ALMOST PERFECT EXAMPLE: THE COURAGE CASE 104 3 THE CONTEXT OF THE CASE IN EU LAW 105 4 THE THREE LESSONS DRAWN FROM THE COURAGE CASE 106 5 FIRST LESSON: IN CONTRACT LAW, THE USE OF THE PRINCIPLE OF PROCEDURAL AUTONOMY IS RATHER EXCEPTIONAL AND OF A SUBSIDIARY NATURE 107 6 SECOND LESSON: THE EUROPEAN FRAMEWORK GOVERNING THE PRINCIPLE OF PROCEDURAL AUTONOMY AIMS AT ESTABLISHING A CORRELATION BETWEEN PARTLY AUTONOMOUS AND PARTLY HIERARCHISED LEGAL SYSTEMS 108 IMAGE 4 VLLL CONTENTS 7 THIRD LESSON: THE INTERVENTION OF EU LAW LEADS TO A REREADING OF NATIONAL LAWS, WHICH IS RATHER NUANCED AND HAS A BROAD MEANING 110 8 CONCLUSION 112 PART 3 THE APPLICABLE LAW S EFFECTS ON BOILERPLATE CLAUSES 113 INTRODUCTION TO PART 3 115 1 CLAUSES ANALYSED IN PART 3 118 1.1 ENTIRE AGREEMENT 119 1.2 NO WAIVER 119 1.3 NO ORAL AMENDMENTS 119 1.4 SEVERABILITY 119 1.5 CONDITIONS/ESSENTIAL TERMS 119 1.6 SOLE REMEDY 119 1.7 SUBJECT TO CONTRACT 120 1.8 MATERIAL ADVERSE CHANGE 120 1.9 LIQUIDATED DAMAGES 120 1.10 INDEMNITY 121 1.11 REPRESENTATIONS AND WARRANTIES 122 1.12 HARDSHIP 122 1.13 FORCE MAJEURE 123 2 CASES ILLUSTRATING THE NEED FOR COORDINATION WITH THE APPLICABLE LAW 125 2.1 CLAUSES AIMING AT FULLY DETACHING THE CONTRACT FROM THE APPLICABLE LAW 125 2.2 CLAUSES USING A TERMINOLOGY WITH LEGAL EFFECTS NOT KNOWN TO THE APPLICABLE LAW 127 2.3 CLAUSES REGULATING MATTERS ALREADY REGULATED IN THE APPLICABLE LAW 127 7. THE COMMON LAW TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER ENGLISH LAW 129 EDWIN PEEL 1 INTRODUCTION 129 1.1 CONTENT 129 1.2 INTERPRETATION 132 1.3 GOOD FAITH 134 1.4 CONCLUSION AND METHODOLOGY 135 IMAGE 5 C O N T E N TS IX 2 THE CLAUSES 136 2.1 ENTIRE AGREEMENT 136 2.2 NO WAIVER 144 2.3 NO ORAL AMENDMENTS 146 2.4 CONDITIONS 148 2.5 SOLE REMEDY 152 2.6 SUBJECT TO CONTRACT 154 2.7 LIQUIDATED DAMAGES 160 2.8 INDEMNITY 165 2.9 REPRESENTATIONS AND WARRANTIES 170 2.10 HARDSHIP/FORCE MAJEURE 175 3 CONCLUSION 178 THE GERMANIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER GERMAN LAW 179 ULRICH MAGNUS 1 INTRODUCTION 179 2 GENERAL METHOD OF INTERPRETATION OF CONTRACTS 180 3 LAW APPLICABLE TO THE INTERPRETATION OF INTERNATIONAL COMMERCIAL CONTRACTS 182 3.1 GENERALLY APPLICABLE LAW 182 3.1.1 APPLICABILITY OF THE LEX CON TRACT US 182 3.1.2 CHOICE OF LAW 183 3.1.3 CONSTRUCTION CLAUSES 184 3.1.4 APPLICABLE LAW IN THE ABSENCE OF A CHOICE OF LAW 184 3.2 CONTRACT INTERPRETATION UNDER INTERNATIONAL CONVENTIONS 184 3.3 USE OF INTERNATIONAL TRADE TERMS 186 3.4 USE OF INTERNATIONAL STANDARD CONTRACTS 187 3.5 TERMS SPECIFIC FOR A CERTAIN LAW 187 3.6 MID-SUMMARY 188 4 ACTING UNDER WRONG LAW 188 4.1 A WELL-KNOWN PHENOMENON 188 4.2 THE COURTS VIEW 189 4.3 CRITIQUE AND SOLUTION 190 IMAGE 6 CONTENTS 5 DISCUSSION OF SPECIFIC CLAUSES 192 5.1 CLAUSES AIMING AT FULLY DETACHING THE CONTRACT FROM THE APPLICABLE LAW 192 5.1.1 ENTIRE AGREEMENT CLAUSES 192 5.1.2 NO ORAL AMENDMENTS CLAUSES 197 5.2 CLAUSES THAT USE A TERMINOLOGY WITH LEGAL EFFECTS NOT KNOWN TO THE APPLICABLE LAW 199 5.2.1 INDEMNITY CLAUSES 200 5.2.2 LIQUIDATED DAMAGES CLAUSES 202 5.2.3 CONCLUSION 203 5.3. CONTRACT CLAUSES THAT REGULATE MATTERS ALREADY REGULATED IN THE APPLICABLE LAW 203 5.3.1 FORCE MAJEURE CLAUSES 204 5.3.2 HARDSHIP CLAUSES 206 6. FINAL CONCLUSIONS 207 9. THE ROMANISTIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER FRENCH LAW 210 XAVIER LAGARDE, DAVID MEHEUT AND JEAN-MICHEL REVERSAC 1 PRELIMINARY OBSERVATIONS 210 2 ENTIRE AGREEMENT ( CLAUSE D INTEGRALITE ) 214 3 NO WAIVER 215 4 NO ORAL AMENDMENTS 216 5 SEVERABILITY 216 6 CONDITIONS 217 7 SOLE REMEDY 218 8 SUBJECT TO CONTRACT 220 9 MATERIAL ADVERSE CHANGE 221 10 LIQUIDATED DAMAGES 222 11 INDEMNITY 222 12 REPRESENTATIONS AND WARRANTIES 223 IMAGE 7 C O N T E N TS XI 13 HARDSHIP 225 14 FORCE MAJEURE 226 10. THE ROMANISTIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER ITALIAN LAW 227 GIORGIO DE NOVA 1 ENTIRE AGREEMENT CLAUSES AND NO ORAL AMENDMENTS CLAUSES AS CLAUSES PROVIDED IN ALIEN CONTRACTS 227 2 ENTIRE AGREEMENT CLAUSES AND NO ORAL AMENDMENTS CLAUSES AS STYLISTIC CLAUSES ? 228 3 NO ORAL AMENDMENTS CLAUSES UNDER ITALIAN LAW 228 4 ENTIRE AGREEMENT CLAUSES UNDER ITALIAN LAW 229 5 ENTIRE AGREEMENT CLAUSES UNDER THE CISG 230 6 ARTICLES 2722 AND 2723 OF THE ITALIAN CIVIL CODE WITH RESPECT TO INTERPRETING THE CONTRACT 231 7 ENTIRE AGREEMENT CLAUSES AND IMPLIED CONDITIONS 232 11. THE NORDIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER DANISH LAW 233 PETER M0GELVANG-HANSEN 1 DANISH CONTRACT LAW IN GENERAL 233 2 CLAUSES AIMED AT FULLY DETACHING THE CONTRACT FROM THE APPLICABLE LAW 236 2.1 ENTIRE AGREEMENT 236 2.2 NO ORAL AMENDMENTS 237 2.3 NO WAIVER 238 2.4 SEVERABILITY 239 2.5 CONDITIONS 239 2.6 SOLE REMEDY 241 2.7 SUBJECT TO CONTRACT 242 2.8 MATERIAL ADVERSE CHANGE 244 3 CLAUSES THAT USE A TERMINOLOGY WITH LEGAL EFFECTS NOT KNOWN TO THE APPLICABLE LAW 245 3.1 LIQUIDATED DAMAGES 246 IMAGE 8 XLL CONTENTS 4 CLAUSES THAT REGULATE MATTERS ALREADY REGULATED IN THE APPLICABLE LAW 247 4.1 REPRESENTATIONS AND WARRANTIES 247 4.2 HARDSHIP AND FORCE MAJEURE 248 4.3 CLAUSES ON CONTRACTUAL LIABILITY AND/OR PRODUCT LIABILITY 249 12. THE NORDIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER FINNISH LAW 254 GUSTAF MOLLER 1 INTRODUCTION 254 2 CLAUSES AIMING AT FULLY DETACHING THE CONTRACT FROM THE APPLICABLE LAW 256 2.1 ENTIRE AGREEMENT 256 2.2 NO WAIVER 257 2.3 NO ORAL AMENDMENTS 257 2.4 SEVERABILITY 258 2.5 CONDITIONS 258 2.6 SOLE REMEDY 259 2.7 SUBJECT TO CONTRACT 259 2.8 MATERIAL ADVERSE CHANGE 260 3 CLAUSES THAT USE A TERMINOLOGY WITH LEGAL EFFECTS NOT KNOWN TO THE APPLICABLE LAW 260 3.1 LIQUIDATED DAMAGES 260 3.2 INDEMNITY 261 4 CLAUSES THAT REGULATE MATTERS ALREADY REGULATED IN THE APPLICABLE LAW 262 4.1 REPRESENTATIONS AND WARRANTIES 262 4.2 HARDSHIP 263 4.3 FORCE MAJEURE 263 13. THE NORDIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER NORWEGIAN LAW 265 VIGGO HAGSTR0M 1 THE SCANDINAVIAN LAW OF OBLIGATIONS - AND OF CONTRACTS - IS A PART OF THE LAW WITH OLD TRADITIONS 265 IMAGE 9 CONTENTS XLII 2 THE WAY COMMERCIAL CONTRACTS ARE DRAFTED IN NORWAY HAS CHANGED CONSIDERABLY DURING THE PAST TWENTY TO THIRTY YEARS 266 3 CLAUSES AIMED AT FULLY DETACHING THE CONTRACT FROM THE APPLICABLE LAW 268 3.1 ENTIRE AGREEMENT 268 3.2 NO WAIVER 269 3.3 NO ORAL AMENDMENTS 269 3.4 SEVERABILITY 270 3.5 CONDITIONS 270 3.6 SOLE REMEDY 271 3.7 SUBJECT TO CONTRACT 271 3.8 MATERIAL ADVERSE CHANGE 272 4 CLAUSES WITH LEGAL EFFECTS NOT KNOWN TO THE APPLICABLE LAW 272 4.1 LIQUIDATED DAMAGES 272 4.2 INDEMNITY 273 5 CLAUSES THAT REGULATE MATTERS ALREADY REGULATED IN THE APPLICABLE LAW AND HOW THESE INTERACT WITH EACH OTHER 273 5.1 REPRESENTATIONS AND WARRANTIES 273 5.2 HARDSHIP 274 5.3 FORCE MAJEURE 21A 14. THE NORDIC TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER SWEDISH LAW 276 LARS GORTON 1 GENERAL BACKGROUND 276 2 CONTRACTUAL PRINCIPLES AND CONTRACTUAL CONSIDERATIONS 278 3 DIFFERENT PARAMETERS 280 4 THE ORGANISATIONAL/AGENCY ASPECT - THE USE OF REPRESENTATIVES 281 5 CONTRACT PHASES 282 5.1 SOME GENERAL POINTS 282 5.2 NEGOTIATION PHASE 283 IMAGE 10 XIV C O N T E N TS 5.2.1 GENERAL REMARKS 283 5.2.2 CONDITIONS PRECEDENT AND SUBJECT TO APPROVAL 284 5.2.3 NO ORAL CONTRACTS 284 5.2.4 ENTIRE AGREEMENT 285 5.3 PERFORMANCE PHASE 289 5.3.1 SOME GENERAL REMARKS 289 5.3.2 NO ORAL AMENDMENTS 290 5.3.3 CHANGE OF CIRCUMSTANCES 290 6 COMPENSATION CLAUSES 294 6.1 GENERAL BACKGROUND 294 6.2 LIQUIDATED DAMAGES AND PENALTIES 295 6.3 THE USE OF COMPENSATION CLAUSES 295 6.4 DELAY INTEREST 298 7 CONCLUSION 299 15. THE EAST EUROPEAN TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER HUNGARIAN LAW 302 ATTILA MENYHARD 1 INTRODUCTION 302 2 ENTIRE AGREEMENT 306 3 NO WAIVER 307 4 NO ORAL AMENDMENTS 308 5 SEVERABILITY 309 6 CONDITIONS 309 7 SOLE REMEDY 311 8 SUBJECT TO CONTRACT 314 9 MATERIAL ADVERSE CHANGE 319 10 LIQUIDATED DAMAGES 319 11 INDEMNITY 321 12 REPRESENTATIONS AND WARRANTIES 322 13 HARDSHIP 326 14 FORCE MAJEURE 327 IMAGE 11 CONTENTS XV 16. THE EAST EUROPEAN TRADITION: APPLICATION OF BOILERPLATE CLAUSES UNDER RUSSIAN LAW 329 333 IVAN SI. ZYKIN 1 INTRODUCTORY REMARKS 329 2 SOME PARTICULAR CONTRACT CLAUSES 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 ENTIRE AGREEMENT NO WAIVER 334 NO ORAL AMENDMENTS CONDITIONS 335 LIQUIDATED DAMAGES SOLE REMEDY 338 SUBJECT TO CONTRACT 333 335 336 338 REPRESENTATIONS AND WARRANTIES FORCE MAIEURE AND HARDSHIP , 339 341 CONCLUSION: THE SELF-SUFFICIENT CONTRACT, UNIFORMLY INTERPRETED ON THE BASIS OF ITS OWN TERMS: AN ILLUSION, BUT NOT FULLY USELESS 344 GIUDITTA CORDERO-MOSS 1 INTERNATIONAL COMMERCE FOSTERS SELF-SUFFICIENT CONTRACTS 344 2 DETAILED DRAFTING AS AN ATTEMPT TO ENHANCE THE SELF-SUFFICIENCY OF CONTRACTS 346 3 NO REAL ALTERNATIVE TO THE APPLICABLE LAW 350 4 THE DIFFERING LEGAL EFFECTS OF BOILERPLATE CLAUSES 353 4.1 CLAUSES AIMING AT FULLY DETACHING THE CONTRACT FROM THE APPLICABLE LAW 353 4.1.1 ENTIRE AGREEMENT 353 4.1.2 NO WAIVER 355 4.1.3 NO ORAL AMENDMENTS 356 4.1.4 SEVERABILITY 358 4.1.5 CONDITIONS/ESSENTIAL TERMS 358 4.1.6 SOLE REMEDY 359 4.1.7 SUBJECT TO CONTRACT 361 4.1.8 MATERIAL ADVERSE CHANGE 362 IMAGE 12 CONTENTS 4.2 CLAUSES USING TERMINOLOGY WITH LEGAL EFFECTS NOT KNOWN TO THE APPLICABLE LAW 362 4.2.1 LIQUIDATED DAMAGES 362 4.2.2 INDEMNITY 365 4.3 CLAUSES REGULATING MATTERS ALREADY REGULATED IN THE APPLICABLE LAW 365 4.3.1 REPRESENTATIONS AND WARRANTIES 365 4.3.2 HARDSHIP 367 4.3.3 FORCE MAJEURE 368 5 THE DRAFTING STYLE DOES NOT ACHIEVE SELF-SUFFICIENCY, BUT HAS A CERTAIN MERIT 370 6 CONCLUSION 372 BIBLIOGRAPHY 374 INDEX 388
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spellingShingle Boilerplate clauses, international commercial contracts and the applicable law
title Boilerplate clauses, international commercial contracts and the applicable law
title_auth Boilerplate clauses, international commercial contracts and the applicable law
title_exact_search Boilerplate clauses, international commercial contracts and the applicable law
title_full Boilerplate clauses, international commercial contracts and the applicable law ed. by Giuditta Cordero-Moss
title_fullStr Boilerplate clauses, international commercial contracts and the applicable law ed. by Giuditta Cordero-Moss
title_full_unstemmed Boilerplate clauses, international commercial contracts and the applicable law ed. by Giuditta Cordero-Moss
title_short Boilerplate clauses, international commercial contracts and the applicable law
title_sort boilerplate clauses international commercial contracts and the applicable law
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