This webinar is organized in conjunction with the American Society of International Law's Private International Law Interest Group and will be conducted by NatLaw's own Prof. Boris Kozolchyk, the Evo de Concini Professor of Law at the James E. Rogers College of Law at the University of Arizona and one of the world's leading experts on comparative commercial law and commercial law reform. He is also the author of the recently published, groundbreaking and universally praised Hornbook: Comparative Commercial Contracts: Law, Culture and Economic Development (West Academic Press).
In the webinar, Prof. Kozolchyk will examine the legal and socio-economic forces behind the evolution of commercial contract law from its inception to the present time. During the first part of his presentation, he will provide a short historical overview of the contributions of the most influential legal systems and their legal cultures to the economic development of their host nations. This review will start with key features of the contract law and business culture of ancient Rome and will continue with medieval practices of traveling Jewish merchants in the Mediterranean and with the emergence of a European law merchant. It will then examine the role of this law merchant in the 19th and 20th century codification movements in Europe (especially in France and Germany) and their progeny in Latin America, Africa, and Asia. It will conclude with an examination of the meaning of a contract, its interpretation, and the remedies for its breach in twentieth and twenty-first century commercial – codified, statutory, and customary – law.
During the second part of his presentation, Professor Kozolchyk will discuss how NatLaw has succeeded in enacting and implementing highly economically significant statutes, such as secured transactions statutes and compilations of commercial and financial practices for developed and developing nations. The statutes, largely inspired by Anglo-American law and practice, had to be adapted to the legal, cultural, and economic realities of developing nations whose legal systems belong mostly to the civil law tradition. He will describe NatLaw's successful methodology and what he foresees to be the role of customary law and commercial practices he classifies as "standard" and "best" in the shaping of a commercial law that is fully supportive of economic development.
Thanks to the ASIL, this webinar is being offered free of charge to all participants. We only ask that you please take the time to complete the registration process. Click here to Register.
Can't be there LIVE? No problem. A recorded version of the webinar will be available for viewing after the completion of the event. Email Frédéric G. Sourgens, Co-Chair, American Society of International Law Private International Law Interest Group for more information.