Universität Wien FIND

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Further information about on-site teaching can be found at https://studieren.univie.ac.at/en/info.

030455 KU Transnational Commercial Law (2018W)

2.00 ECTS (1.00 SWS), SPL 3 - Rechtswissenschaften
Continuous assessment of course work



max. 30 participants
Language: English


Classes (iCal) - next class is marked with N

Course material is uploaded on Moodle.

For any information on the course please contact Ms Petra Peirleitner (petra.peirleitner@univie.ac.at).

Please note that the session on 10th October has been postponed to 11th October, 5 pm - 8 pm, U17.

This course is compulsory for those participating in the “Moot Court International Commercial Arbitration”.

Monday 08.10. 16:00 - 19:00 Seminarraum SEM34 Schottenbastei 10-16, Juridicum, 3.OG
Thursday 11.10. 17:00 - 20:00 Hörsaal U17 Schottenbastei 10-16, Juridicum, KG1
Thursday 18.10. 16:00 - 19:00 Seminarraum SEM61 Schottenbastei 10-16, Juridicum 6.OG
Monday 22.10. 16:00 - 19:00 Seminarraum SEM31 Schottenbastei 10-16, Juridicum, 3.OG
Wednesday 24.10. 16:00 - 19:00 Seminarraum SEM52 Schottenbastei 10-16, Juridicum 5.OG


Aims, contents and method of the course

This course focuses on the fundamentals of transactional commercial law, its main areas of application, and the process of commercial law harmonisation: choice of harmonisation instrument and their respective advantages and disadvantages; harmonisation through specific binding instruments (CISG, Hague-Visby Rules and New York Conventions); harmonisation through contract and institutional rules; harmonisation through model laws; the future development of transnational commercial law.
The course offers an overview of both the general framework, policies and problems of transnational commercial law, as well as of the main international commercial law conventions, standard terms and uniform rules, so that the student gains a perception of the way transnational law comes into being and can be used by international legal practitioners to bridge the gap between different legal systems. The course will then introduce the main instruments of transnational law in three areas of international transactions (international contracts, transportation and international payments) and highlight the differences between the legal framework for international and domestic transactions.
Structure and schedule of topics:
-Introduction to transnational commercial law; role of lex mercatoria; methods, process and tools of legal harmonisation; basic notions of conflicts of laws and international jurisdiction; the importance of choice of law and dispute settlement
-International commercial contracts: main differences between domestic contract laws from a comparative law perspective; sources of international contract law (CISG, UNIDROIT Principles), in particular contracts for the international sale of goods
-Overview of the law of the international carriage of goods by sea, as compared to carriage by road and sea
-International rules and usages for bills of lading and letters of credit

Assessment and permitted materials

Assessment will be on the basis of an essay/written take-home exam (50%) and performance in the class (50%).

Minimum requirements and assessment criteria

The purpose of this course is to:
- offer students an overview of the main challenges faced by lawyers in international legal practice and familiarize them with the notion of transnational commercial law
- help students assess the main challenges in international commercial law practice and explain the connection between transnational commercial law and the rules on conflict of laws
- enable students to understand how the various transnational commercial law instruments relate to one another, and gain an insight into the way these instruments are developed, what are their driving forces and how are they used in practice
- provide students with basic knowledge necessary about the main sources of law governing international transactions

Examination topics

Lectures and case studies.

Reading list

Course materials:

United Nations Conventions on Contracts for the International Sale of Goods (www.uncitral.org/pdf/english/texts/sales/cisg/V1056997-CISG-e-book.pdf)
UNIDROIT Principles of International Commercial Contracts (www.unidroit.org/instruments/commercial-contracts/unidroit-principles-2016)
United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (www.uncitral.org/pdf/english/texts/transport/rotterdam_rules/Rotterdam-Rules-E.pdf)
International Convention for the Unification of Certain Rules of Law relating to Bills of Lading, as Amended by the Brussels Protocol 1968)(“The Hague-Visby Rules”) (www.jus.uio.no/lm/sea.carriage.hague.visby.rules.1968/doc.html)
United Nations Convention on Independent Guarantees and Stand-by Letters of Credit (www.uncitral.org/pdf/english/texts/payments/guarantees/guarantees.pdf)

Recommended textbook:
Goode/Kronke/McKendrick/Wool, Transnational commercial law, Oxford: University Press, 2007.

Association in the course directory

Last modified: Mo 07.09.2020 15:28