GRODL, Lukáš. “Rules of Law” and Lex Mercatoria Determination Under the Auspice of ICC Arbitration. In Malachta, Radovan a Patrik Provazník (eds.). Cofola International 2021: International and National Arbitration – Challenges and Trends of the Present and Future. 1st ed. Brno: Masaryk University, 2021, p. 275-299. ISSN 2464-8485. Available from: https://dx.doi.org/10.5817/CZ.MUNI.P210-8639-2021.
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Basic information
Original name “Rules of Law” and Lex Mercatoria Determination Under the Auspice of ICC Arbitration
Authors GRODL, Lukáš (203 Czech Republic, guarantor, belonging to the institution).
Edition 1. vyd. Brno, Cofola International 2021: International and National Arbitration – Challenges and Trends of the Present and Future, p. 275-299, 25 pp. 2021.
Publisher Masaryk University
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50501 Law
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
WWW Open access sborníku
RIV identification code RIV/00216224:14220/21:00123579
Organization unit Faculty of Law
ISSN 2464-8485
Doi http://dx.doi.org/10.5817/CZ.MUNI.P210-8639-2021
Keywords in English ICC; Arbitration; Lex Mercatoria; Rules of Law; Lex Arbitri
Tags rivok
Tags International impact, Reviewed
Changed by Changed by: Mgr. Petra Georgala, učo 32967. Changed: 4/3/2022 13:29.
Abstract
The ICC arbitration, being one of the most common ones in international commercial arbitration, is also one of the most benevolent to the application of supranational substantive rules, including the lex mercatoria. While it has not always been the case, since 1998, the arbitrators may less focus on complex reasoning as to why the lex mercatoria might be applicable, and rather may fully concentrate on the rightful adjudication of the dispute. This article presents a summary of changes in ICC arbitration stance on the applicability of lex mercatoria, as voiced by the permission to inter partes elect, or ex post determine, substantive “rules of law” rather than just a “law”. Connotations of ICC jurisprudence towards applicable lex mercatoria and its relationship to state law is also discussed and evaluated.
Links
MUNI/B/1718/2020, interní kód MUName: COFOLA INTERNATIONAL 2021 (Acronym: COFOLAINT2021)
Investor: Masaryk University
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