This course deals with several important features of the law of international trade, in particular those which have to be dealt with in the framework of International Business Transactions (IBTs).
The course is built around the international contract of sale, which is then used to explore a number of other issues, such as the carriage of goods, payment and agency. Europe and the developments in this region are the main point of focus.
The course also covers the legal regimes regarding the carriage of goods, in particular the carriage by road and by sea. The more frequently used payment systems in international trade, such as bills of exchange, bank guarantees and letters of credit will also be studied in some detail. In IBTs, a plethora of agents can be involved in carrying out all aspects of the contract. During the course due attention will be paid to the different types of agents in international trade, their rights and obligations, and their liability. The final part of the course considers several important aspects of trans-national litigation and alternative dispute resolution.
Lecturer: Prof. Corrado Malberti (University of Trento – Italy)