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UNIVERSITÉ DE MONTRÉAL

FACULTÉ DE DROIT

DROIT DES CONTRATS INTERNATIONAUX


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BUSINESS LAW
DRT6458
Fall 2023

Professor Lukas Vanhonnaeker Class 2


18/09/2023
lukas.vanhonnaeker@umontreal.ca

© Lukas Vanhonnaeker 2023


Chapter I. The International Regulation of
International Business Transactions
• Section 1. Lex mercatoria, a legal regime?
• Lex mercatoria: the « law of merchants »
• Historical debate between « mercatorists » and « anti-mercatorists »
• Ideological axis
• Theoretical axis
• Practical axis
• What are the sanctions in case of non-compliance?

© Lukas Vanhonnaeker 2023


Chapter I. The International Regulation of
International Business Transactions
• Section 2. The consideration of non-state norms by arbitrators and
state courts
• Different reception depending on the nature of the norm
• Practices, international case-law, international conventions, etc.
• Case of the international convention that is directly applicable to the dispute
• Case of the international convention that is applicable to the dispute after having identified
the applicable law
• Broader acceptance of lex mercatoria through an international convention: the Lorraine Tubes
case

© Lukas Vanhonnaeker 2023

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