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Legal Update

The 28th step - EU contract law one step closer to reality

May 2011
Mayer Brown Legal Update
The European Commission has published for consultation a “feasibility study” by an Expert Group which includes a 189-article draft code that could become a new body of contract law (the European Contract Law). It would stand along-side the contract laws of the existing 27 EU Member States as well as international law sources such as the United Nations Convention on Contracts for the International Sale of Goods (1980) (CISG).

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