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International Trade

UNIDROIT Principles and International Commercial Arbitration

25/02/2023 by Aceris Law LLC

UNIDROIT Principles Arbitration

Parties to a contract do not tend to agree on the application of the domestic law of the other. They usually choose a “neutral law”, the law of a third country. However, this choice often leads to apparent inconveniences since the chosen law is foreign to both parties. Indeed, understanding its content may require time-consuming […]

Filed Under: International Arbitration, International Trade

Incoterms in International Trade

18/06/2020 by Aceris Law LLC

Ex Works Incoterm

The Incoterms are a set of commercial/trade rules established by the International Chamber of Commerce (“ICC”) that are used in international sale contracts.[1] The Incoterms are not mandatory rules – for them to receive legal effect, they must be explicitly incorporated by the parties into their contract. In the following paragraphs, after outlining the classification […]

Filed Under: International Trade

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