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News
2000
The UN Convention on Contracts for the International Sale of Goods (CISG) was concluded in Vienna in 1980 and came into force on 1 January 1988. It is a uniform law, which seeks to encompass different legal traditions, and covers the formation of international sales contracts and the rights and obligations of sellers and buyers.
T he number of parties to the Convention has been increasing over the years. In 2000, according to the latest data published by the United Nations Commission on International Trade Law (UNCITRAL), the Convention came into force in four further states, bringing the total number of contracting states to 59.
Widening acceptance of the Convention has meant that it is increasingly applied in the resolution of international trade disputes. A significant number of ICC arbitration cases have been settled using its provisions. Extracts from awards in the more recent of these, covering the years 1995-1999, are published for the first time in the latest issue of the ICC International Court of Arbitration Bulletin (Vol. 11/No. 2, Fall 2000).
To accompany these extracts, the Bulletin also publishes an article by Hans van Houtte, professor at the Institute for International Trade Law, K.U. Leuven, Belgium. Professor van Houtte considers the bases on which CISG has been applied by ICC arbitral tribunals and then looks at the way in which its substantive provisions have been implemented in ICC arbitration. The article includes cross-references to the published awards.
The Bulletin also includes an article by Claude Witz, professor, Director of the Franco-German Legal Centre in Sarrebruck, Germany, and acknowledged connoisseur of CISG case law. Professor Witz's article concentrates on a specific aspect of CISG, which has been a cause of many disputes: the reasonable time for the buyer to give notice of a lack of conformity.
Apart from CISG, this latest issue of the ICC International Court of Arbitration Bulletin also includes a study of the new Venezuelan arbitration law. ICC Court member James O. Rodner analyses the provisions of Venezuela's first commercial arbitration statute, enacted in 1998
The ICC International Court of Arbitration Bulletin is a key resource on international commercial arbitration in general and ICC arbitration in particular. It is published twice a year, plus an annual special supplement, and may be obtained either by subscription or purchase of individual issues.
To subscribe and/or order, click here.
To view contents of back issues, click here.
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