CONTRACT LAW CONCERN
January 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Union should tread warily in moves to create a European body of contract law, lest it damage the health of the continent's cross-border trade, the International Chamber of Commerce (ICC) has warned. Speaking at a European Commission workshop, ICC specialists advised against framing detailed regulations, arguing that existing contractual law works well, especially when international contract models are used. Professor Fabio Bortolotti, chair of the ICC's commission on commercial law and practice warned against eroding the right of ...
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