Lex mercatoria


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LEX MERCATORIA. That system of laws which is adopted by all commercial nations, and which, therefore, constitutes a part of the law of the land. Vide Law Merchant.

References in periodicals archive ?
Ele se torna cada vez mais a unica instancia que, embora com todas as contradicoes derivadas de sua natureza classista, pode se colocar como mediadora entre os interesses internos e os externos, ou seja, entre os interesses dos trabalhadores e maiorias marginalizadas e os interesses da rede de relacoes estabelecidas pela nova Lex Mercatoria.
Em revisita as teorias sobre o tema, Teubner encontra, de um lado, juristas (sobretudo franceses) que qualificam a nova lex mercatoria como uma especie de ordenamento juridico global emergente.
"Estudios de Derecho Mercantil internacional: principios de Unidroit, lex mercatoria, compraventa internacional, contratacion electronica, insolvencia transfronteriza.
La razon es que, en muchas ocasiones, la cuestion litigiosa vendra resuelta mediante la interpretacion del contrato, o en atencion a un instrumento de la lex mercatoria al que se remiten las partes.
(21) Considering the little space for intervention in domestic law, one prefers to take refuge in lex mercatoria, forging a statute to be applicable in a distinct dimension.
In the context of international commercial arbitration, references to the lex mercatoria regularly target the rules and conflict resolution mechanisms of border-crossing commercial transactions.
Some scholars view the success of market-driven CSR norms to suggest that the larger world of corporate social responsibility is properly seen as a new lex mercatoria. (4) Under this characterization, CSR norms will become so widespread that they crystallize into independently binding legal norms later applied by government-sanctioned courts.
El segmento economico del comercio electronico genera desde autorregulaciones bajo la forma de puntajes a compradores y vendedores en sitios de transaccion y tribunales virtuales (lex digitalis), hasta tribunales arbitrales anacionales cuyos laudos (lex mercatoria) tienen una validez para los afectados que muchas veces los tribunales domesticos no reconocen.
Similar to Pellerin's discussion of Lex Mercatoria, individuals are economic entities that operate in terms of market principles.