What do we do?

The objective of the Task Force is to update the business community and lawyers dealing with international trade about recent development in the field of private international law. It was felt that there was a genuine need for a set of principles that could be used when it was desirable to avoid a particular national law.

Lex Mercatoria

In 2010, the Task force on Jurisdiction and Applicable Law created a smaller working group within its auspices, focusing on the concept of Lex Mercatoria. Lex Mercatoria continues to be an area that creates confusion amongst many companies and practicioners, who are unclear on how it can be used in the practical way and what its concrete advantages and limitations are.

The Task Force is currently in the process of drafting a document that can be used to enable better understanding of Lex Mercatoria and better explain how or when not to use the lex mercatoria in their contracts.