• 제목/요약/키워드: Governing

검색결과 4,655건 처리시간 0.026초

국제상사중재(國際商事仲裁)에서 준거법(準據法)의 결정(決定) (Determination of Governing Law in International Commercial Arbitration)

  • 오원석
    • 무역상무연구
    • /
    • 제29권
    • /
    • pp.39-61
    • /
    • 2006
  • The governing law in international commercial arbitration may be divided into governing arbitration law and governing substantive law. The former governs the parties' arbitration agreement and the conduct of any subsequent arbitration. But the later governs the parties' substantive rights and obligations, which means the law that governs contract formation and performance, and the law to be applied by the arbitrator to the merits of the dispute. The purpose of this paper is to examine how to determine the substantive governing law when there is express choice or implied choice between parties. Moreover this author checked any restrictions on party autonomy and also any possibilities to deviate from the governing law. In case of express choice the sources of the law or rules of law might be the national law of one of the parties, the neutral law, the general principles of law or lex mercatoria according to the arbitration law selected by the arbitral tribunal. Some arbitration laws or rules empower the arbitrator to decide the case ex aequo et bono or to act as amiable compositions. If the governing law could be determined expressly or impliedly by the parties, the arbitral tribunal would make a selection. In this case the criteria for selecting a governing law are not exactly same from country to country. But failing any indication by the parties as to governing law, the arbitral tribunal should apply the rules of law, the law or the law under the rule of conflict that the arbitrators consider applicable, according to the governing arbitration law. Among the connecting factors offered by the conflict rules, (which means the factors that the arbitrators consider applicable), some legal systems give precedence to the formation of the contract, other system to the place of performance of the contract, and others to the closest connection or centre of gravity. But the Rome Convention, which unified the conflict rules of the contracting states, gives precedence to the law of the domicile of the party which has to effect the performance which is characteristic of the contract. Finally this author suggested the Choice of Law Clause which covers governing substantive law and governing arbitration law at the same time. Thus the UNIDROIT Principles as well as any national law may be included as a governing law in international arbitration. So when we make sales or service contract, we should take into consideration of the UNIDROIT Principles as a governing law or a supplement to the governing law.

  • PDF

전자거래분쟁에서 준거법 적용상 해석론 (A study on the Interpretation of Governing Law to Application in Electronic Transaction Dispute)

  • 강이수
    • 한국중재학회지:중재연구
    • /
    • 제14권1호
    • /
    • pp.3-28
    • /
    • 2004
  • The implementation of electronic transaction raises some new legal and institutional problem so it is necessary for us to prepare alternatives. As the development of electronic transaction is difficult without smooth settlement of dispute the pursue of smooth settlement of dispute is very important menu. while the most common method relating to the settlement of dispute is litigation. them relating to the litigation, the subject of governing law so jurisdiction and the subject of governing laws should be resolved above all. Further more in addition, the old act prior act was regarded as insufficient in that it lacked rules on international governing law to adjudicate, or international adjudicatory governing law, where as the expectation of the public was that the private international law should function as the basic law of the legal relational encompassing rules on governing law given the increase of It international disputes. for the move the private international law has also attracted more attention from the korean. Therefore, governing law to application concerned about electronic transaction should be prepared and the environment to keep electronic transaction secure and stable be guaranteed. And we should make plans to protect companies and consumers and should make efforts to expand electronic transaction infrastructure .

  • PDF

Weak forms of generalized governing equations in theory of elasticity

  • Shi, G.;Tang, L.
    • Interaction and multiscale mechanics
    • /
    • 제1권3호
    • /
    • pp.329-337
    • /
    • 2008
  • This paper presents the derivation of the generalized governing equations in theory of elasticity, their weak forms and the some applications in the numerical analysis of structural mechanics. Unlike the differential equations in classical elasticity theory, the generalized equations of the equilibrium and compatibility equations presented here take the form of integral equations, and the generalized equilibrium equations contain the classical differential equations and the boundary conditions in a single equation. By using appropriate test functions, the weak forms of these generalized governing equations can be established. It can be shown that various variational principles in structural analysis are merely the special cases of these weak forms of generalized governing equations in elasticity. The present weak forms of elasticity equations extend greatly the choices of the trial functions for approximate solutions in the numerical analysis of various engineering problems. Therefore, the weak forms of generalized governing equations in elasticity provide a powerful modeling tool in the computational structural mechanics.

국제상사중재에서 실체의 주관적 준거법 (Choice of Law Governing Substance of Dispute in International Commercial Arbitration)

  • 허해관
    • 한국중재학회지:중재연구
    • /
    • 제33권2호
    • /
    • pp.85-108
    • /
    • 2023
  • In international commercial arbitrations that arise from an international commercial contract, arbitral tribunals ruling on the merits of the arbitration apply the law governing the contract. The parties to contract are free to designate the law under the principle of parties autonomy. This paper examines this principle under the Korean Arbitration Act, and makes some legislative suggestions. For this purpose, this paper first discusses what is the scope of matters covered by the law governing the contract, what are the rules of conflict-of-laws for determining the law governing the contract, and what happens when the arbitral tribunal incorrectly applies the law governing the contract? Then, this paper further goes to examine issues such as the form of choice-of-law agreement, the explicit or implicit choice of law, the parties' ability to choose the rules of law including lex mercatoria, the change of choice-of-law agreement, the independence of choice-of-law clause.