Commission communication with sections relating to European Contract Law JUNE 2009

A recent Commission communication on the Stockholm Programme included sections relating to European Contract Law titled:

'Supporting economic activity -The European judicial area should serve to support economic activity in the single market, particularly in a period of crisis.'

"Contractual relations must be put on a more secure footing, as differences between Member States’ legislation in the contract law field can prevent traders from reaping the full benefits of the single market."

"Standard contracts between individuals or small businesses should be drawn up, building on the groundwork already carried out. Use of these contracts would be voluntary, but they would be translated into the different languages and serve as a model for the business world."


"The regulation of business law would help oil the wheels of the internal market. A variety of measures could be considered here: common rules determining the law applicable to matters of company law, insurance contracts and the transfer of claims, and the convergence of national rules on insolvency procedures for banks."

See Pages 13&14 of the document

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2009:0262:FIN:EN:PDF

This is brought to you by Paul Abbiati, a CFR-net expert stakeholder.

SWEDISH PRESIDENCY CONFERENCE ON A COMMON FRAME OF REFERENCE FOR EUROPEAN CONTRACT LAW - STOCKHOLM ON 22–23 OCTOBER 2009

The Swedish Presidency is organising a conference on the Common Frame of Reference for European Contract law on 22-23 October 2009 in Stockholm. The conference will consider future work on the frame of reference for European contract law focusing on the political way forward and examining the possible content of the political frame of reference.

The Conference website with further details: http://www.se2009.eu/en/meetings_news/2009/10/22/a_common_frame_of_reference_for_european_contract_law

The Swedish EU Presidency website:
http://www.se2009.eu/en

Paul Abbiati, Vice-Chair of the ICC Task Force on EU Contract Law