lex mercatoria

The lex mercatoria was also a means for local communities to protect their own markets.

Some have suggested a new lex mercatoria. Maybe it should be e-lex.

International commercial law today owes some of its fundamental principles to the lex mercatoria.

Under lex mercatoria, trade flourished and states took in large amounts of taxation.

The earliest forms of joint commercial enterprise under the lex mercatoria were in fact partnerships.

The lex mercatoria provided quick and effective justice.

In effect, the nation states reconstituted the lex mercatoria in their image.

Further, Lex Mercatoria is sometimes used in international disputes between commercial entities.

Subsequently, the lex mercatoria worked out an unconditional full liability for the drawer.

Out of practical need, the medieval lex mercatoria originated the "writing obligatory".

As nationalism grew in the 18th and 19th centuries, lex mercatoria was incorporated into countries' local law under new civil codes.

Lex mercatoria precepts have been reaffirmed in new international mercantile law.

In summary, nation states somewhat fragmented the medieval lex mercatoria but it is far from destroyed.

The lex mercatoria was originally a body of rules and principles laid down by merchants to regulate their dealings.

National codes built on the principles laid down by trade commercial practise and to a large extent they embodied lex mercatoria substantial rules.

A modern variant of the lex mercatoria is the evolving law and dispute resolution in cyberspace.

It was primarily a judicial body, administering maritime and commercial law as Lex Mercatoria.

The history of English contract law traces back to its roots in civil law, the lex mercatoria and the industrial revolution.

The lex mercatoria was the product of customs and practices among traders, and could be enforced through the local courts.

The nationalisation of the lex mercatoria did not neglect the practises of merchants or their trans-border trade.

Precepts of the lex mercatoria were also kept alive through equity and the admiralty courts in maritime affairs.

Therefore, some legal practitioners assume that there is a whole set of legal principles named "lex mercatoria" in international or transnational commercial law.

La nuova lex mercatoria.

In the eighteenth century, English merchant law was still based on the Lex mercatoria, a medieval series of customs and principles used to regulate trading.

Whether Lex Mercatoria is subject to choice of law by the parties, is, however, actively disputed in international private law.