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The True Lex Mercatoria: Law Beyond The State, Ralf Michaels
The True Lex Mercatoria: Law Beyond The State, Ralf Michaels
Indiana Journal of Global Legal Studies
Is there an anational lexr meratoria, a "global law without a state?" The debate seems infinite. Some argue that the rules, institutions, and procedures of international arbitration have now achieved a sufficient degree both of autonomy from the state and of legal character that they represent such an anational law. Others respond that whatever law merchant may exist is really state law-dependent on national norms and the freedom of contract they provide, and on the enforceability of arbitral awards by national courts. This paper suggests that the dichotomy of anational law and state law is false. Although an anational law …
Global Law: A Legal Phenomenon Emerging From The Process Of Globalization, Pierrick Le Golf
Global Law: A Legal Phenomenon Emerging From The Process Of Globalization, Pierrick Le Golf
Indiana Journal of Global Legal Studies
This article addresses the following question: Is Global Law merely a trendy theory, or are there concrete and factual elements allowing submission of irrefutable evidence of a movement toward the creation of a stand-alone international legal system? In this piece, Le Goff explores the idea of global law, and whether a harmonized scheme based on converging national laws and practices, international custom and values, among others, is emerging in the global economy. The first part of the article attempts to define the notion of global law, and to distinguish global law from other disciplines claiming a direct link to or …