Chapter 12: Contracts
12. Contracts INTRODUCTION The Rome I Regulation In litigation relating to contracts, choice of the applicable substantive law is now regulated by EC Regulation 593/2008 on the Law Applicable to Contractual Obligations, which is usually referred to as the Rome I Regulation.1 The Regulation was adopted by the Parliament and Council on 17th June 2008. By Articles 28 and 29, the Regulation entered into application on 17th December 2009 and applies to contracts concluded after that date.2 In view of the decision of the United Kingdom to opt in to the application of the Regulation after its adoption, the Regulation applies to all the EU Member States except Denmark.3 By Article 24(1), the Regulation replaces the EC Convention, opened for signature at Rome on 19th June 1980, on the Law Applicable to Contractual Obligations, which may conveniently be referred to as the Rome Convention 1980.4 The Convention had entered into force in all twenty-seven Member States.5 By Article 17, the Convention does not apply to contracts concluded before its commencement date for the forum State.6 The Convention 1 2 For its text, see  OJ L177/6. Article 27(1) requires the Commission, by 17th June 2013, to submit a report on the application of the Regulation, accompanied (if appropriate) by proposals for its amendment. 3 See Recitals 45 and 46, and Article 1(4); and EC Commission Decision 2009/26,  OJ L10/22, giving effect to the request from the United Kingdom to accept the Rome I Regulation, and specifying...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.