International Commercial Transactions Law

CML5673S

Course Overview:

Higher postgraduate course, second semester, offered in block format at the start of the second semester.

Prerequisites:
See Rules for LLM Degrees.

Course outline:
The contractual aspects of international commercial transactions, but not the regulatory and policy aspects that are covered in International Economic Law (CML5640F) in the first semester.

Topics covered:

• Law applicable to an international contract and consequences of choice of law;
• Modern Lex Mercatoria;
• Harmonisation of private law;
• United Nations Convention on contracts for the International Sales of Goods ( CISG);
• Incoterms 2000;
• Carriage of goods;
• Insurance;
• Documentary credits;
• Demand Guarantees;
• Cross-border insolvency.