The Hochelaga Lectures 2016: Harmonization and Modernization of Transnational Commercial Law : An Assessment

The lecture will assess the progress toward harmonization and modernization of commercial law during recent years. It will focus primarily on the work of the three international intergovernmental organizations that are the principal sponsors of projects in the field of transnational commercial law-the Hague Conference on Private International Law (HccH), the International Institute for the Unification of Private Law (UNIDROIT), and the United Nations Commission on International Trade Law (UNCITRAL). In particular, the lecture will take account of academic critiques of the processes for harmonizing commercial law through these organizations and analogous “private legislatures” on a national level. It will rebut the critical claims that these processes lead either to interest group domination or to abstract rules that provide great discretion to courts.  FULL DETAILS