1 Introduction 1
2 Review of Current Use of the Law Merchant in Domestic and International Law 5
2.1 Uniform Commercial Law as Responding to a Need to Promote Uniformity on Behalf of International Trade by Purpose and Scope 5
2.2 Commercial Contract Law in the Discussions of the Expert Group on the Drafting of a European Contract Law 8
2.3 Special Problems of International Trade 9
2.3.1...Typically Addressed in Standard Contract Forms 9
2.3.2...Leading to Specialised Infrastructure in Arbitration and Public Law Initiatives 10
2.4 Choice of Law Issues and Need for Transnational Contractual Regime 10
2.4.1 Is There a Need for a Specialised Substantive Commercial Contract Law? 11
2.4.2 If There is a Need for Uniform Commercial Contract Law How Can it be Effected Under the Current Choice of Law Regime? 21
2.5 How Can it be Effected with a Comparative Law Approach? 24
2.5.1 Example: Comparative Remedies for Breach of Contract 24
2.5.2 Good Faith 25
3 Implementation of Non-State Law: Issues in Private International Law. A Review of Selected Contributions 27
3.1 Introduction 27
3.2 Choice of Non-State and Transnational Contract Law as Lex Contractus 29
3.3 Choice of Law In Commercial Contracts 30
3.4 Mandatory Laws and Connecting Factors From a UK Perspective 31
3.5 Mandatory Laws and Public Policy 37
3.6 Economic Analysis in the Conflict of Laws 39
3.7 Party Autonomy 40
3.7.1 Party Autonomy in Private International Law: What Law? 40
3.7.2 Public Policy and State Interest: Convergence of US and European Positions? 40
3.7.3 International Antitrust Law: Extraterritoriality 43
3.7.4 Mandatory Law In International Arbitration: Unity of Law and State? 46
3.8 Party Autonomy, Legitimacy and Law Enforcement 48
3.9 Party Autonomy in European Contract Law: The Constitutionalisation Debate in Germany 50
3.10 Taking a Fresh Look at Connecting Factors: The Rome II Regulation 60
4 Conclusion 65
About the Author 67
References 69
Index 73