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This new edition of the leading commentary on the Principles of International Commercial Contracts (PICC) has been updated to include the 26 additional provisions brought in by the PICC 2010. The text on the older provisions has been updated in order to draw together and comment on recent case-law and legal writing.
This book provides commentary on the substantive rules on contracts with a comprehensive analysis of each provision, and relevant case law, and compares national provisions with the PICC. The topics of conditions, illegality and plurality of obligors and obligees are covered for the first time in this new edition.
This book is an essential reference source for lawyers wishing to understand the rules governing international contracts and how to apply the principles in practice. It is an indispensable tool for all lawyers and scholars working with international commercial contracts.
List of contents
- 1: General Provisions
- 2: Formation and Authority of Agents
- 3: Validity
- 4: Interpretation
- 5: Content and Third Party Rights
- 6: Performance
- 7: Non-Performance
- 8: Set-Off
- 9: Assignment of Rights, Transfer of Obligations, Assignment of Contracts
- 10: Limitation Periods
- 11: Plurality of Obligors and of Obligees
About the author
Stefan Vogenauer is Professor of Comparative Law at the University of Oxford, and a fellow of Brasenose College. He is Director of the Oxford Institute of European and Comparative Law. Prior to his appointment at Oxford, Professor Vogenauer was a Senior Research Fellow at the Max Planck Institute for Comparative and International Private Law and a part-time Lecturer at the Bucerius Law School.
Summary
This new edition of the leading commentary on the Principles of International Commercial Contracts (PICC) has been updated to include the 26 additional provisions brought in by the PICC 2010. The text on the older provisions has been updated in order to draw together and comment on recent case-law and legal writing.
Additional text
Whatever the justification of or reason for applying and considering the PICC in a particular context, a perusal of the Commentary and careful examination of the analyses contained therein can only be highly recommended ... the book is an excellent resource for the study of international arbitration for novices and experienced hands alike.
Report
In sum, the Vogenauer book belongs in every library intended to support the making and interpretation of cross-border contracts. The book provides a triple value: (1) it gives advice and inspiration to international practitioners; (2) it inspires academic debate; and (3) it may also inspire UNIDROIT itself to continue its important work in the distilling and shaping of further international commercial principles, including the Official Comments. Eckart Brödermann, International Trade Law & Regulation.
