Choice of Law in Third-Millennium Arbitrations: The Relevance of the UNIDROIT Principles of International Commercial Contracts
Article from: TDM 5 (2005), in International Commercial Law
In 1584, Lanfranco da Oriano, one the first scholars of commercial arbitration in the period
of the Law Merchant, published an essay in Venice in which he noticed that the "subject of
arbitration is of a great utility but it is always badly explained by legal scholars." Five
centuries later, many businessmen still agree with Lanfranco since their perception of the law of
international trade seems completely different from that of many legal scholars, including their
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F. Marrella; "Choice of Law in Third-Millennium Arbitrations: The Relevance of the UNIDROIT Principles of International Commercial Contracts"
TDM 5 (2005), www.transnational-dispute-management.com