State Dept. Committee to Discuss International Commercial Contracts
The State Department’s Advisory Committee on Private International Law will hold a public meeting March 20 in Washington, D.C., to discuss the choice of law in international commercial contracts. A working group of experts from various countries was established by the Hague Conference on Private International Law to develop non-binding principles relevant to the choice of law in international commercial contracts. The draft principles prepared by that group were considered at a Special Commission of the Hague Conference held Nov. 12-16, 2012. Subsequently, the working group of experts prepared a detailed draft commentary to accompany the draft principles. In April, the Hague General Affairs Council is expected to either give its final endorsement of the complete package of principles and the commentary or submit the package to the Special Commission. The purpose of the March 20 meeting is to obtain the views of concerned stakeholders in advance of the Council meeting in April.