RATING AGENCIES AND SUBPRIME CRISIS
LexInter | September 9, 2011 | 0 Comments

PRIVATE INTERNATIONAL LAW

MAJOR JUDGMENTS UNDER PRIVATE INTERNATIONAL LAW

Private international law is the branch of law relating to the settlement of private law disputes of a foreign nature. These are disputes between individuals or economic operators where the parties may be of different nationality, have different domiciles or residences, or carry out transactions abroad or concerning international economic or financial relations.

Private international law concerns in particular

the conflict of laws   , the determination of the applicable national law rules, the law applicable to a dispute

the conflict of jurisdictions or jurisdictional disputes, determining the jurisdiction which is competent to decide the dispute and the recognition of decisions having judged the dispute.

Private international law also encompasses the regime of contractual clauses concerning the settlement of disputes in the international field, choice of law clauses, jurisdiction clauses, arbitration clauses.

Private international law deals with the problems posed by the application of foreign laws.

Private international law also deals with the problems posed by the enforcement of foreign judgments.

It is customary to include in private international law the law of nationality and the status of foreigners as well as the law of arbitration.

Private international law results from national rules and international conventions. In French law, the rules of private international law other than those resulting from agreements are mainly of a jurisprudential nature.

 

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