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Interaction of the institute of party autonomy with the set of rules «lex mercatoria» in the regulation of contractual relations complicated by foreign element

https://doi.org/10.22394/2074-7306-2024-1-2-96-108

EDN: ZTHCSR

Abstract

The article is devoted to the study of the relationship between the institution of party autonomy and the set of norms “lex mercatoria” in the regulation of cross-border contractual relations. The relevance of the research topic is based on the growing importance of the party autonomy in private international law, the expansion of its subject area, as well as the demand for lex mercatoria as a source of private international law, which regulates various groups of business relations, including in the field of cyberspace. The novelty of the study lies in identifying the connection between phenomena from different planes: party autonomy, which affects the conflict of laws aspect of private international law, and lex mercatoria, expressing the substantive component. The aim of the study is to show the mutual dependence of trends in the development of the party autonomy and lex mercatoria, as key categories of modern international contract law. The research methodology is aimed at understanding the essence of the legal categories under consideration (phenomenological methodology), analysis of legislation, judicial practice and doctrine (hermeneutic methodology) taking into account the experience of various legislators (comparative legal method). As a result, it was determined that the tendency to allow the parties to choose the law determines the active use of non-state regulation – a set of norms lex mercatoria, especially in areas in which there are no detailed norms of national legislation.

About the Author

Yu. M. Moskvitin
Peoples' friendship university of Russia named after Patrice Lumumba
Russian Federation

Yuriy M. Moskvitin - postgraduate student, department of civil law and procedure and private international law of the law institute

Moscow 



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Review

For citations:


Moskvitin Yu.M. Interaction of the institute of party autonomy with the set of rules «lex mercatoria» in the regulation of contractual relations complicated by foreign element. North Caucasus Legal Vestnik. 2024;(2):96-108. (In Russ.) https://doi.org/10.22394/2074-7306-2024-1-2-96-108. EDN: ZTHCSR

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