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اختيار القانون الذي يحكم جوهر تابع النزاع.
2 Choice of the law governing the substance of the dispute contd.
To what extent can an
extensively drafted contract
limit the impact of the
governing law?
53% of respondents think that an extensively
drafted contract can limit the impact of the
governing law ‘to some extent’. 29% think
that the impact could be limited ‘to a great
extent’. This suggests that corporate counsel
do seek to cover off at least some substantive
legal issues in their contracts. Some parties
will routinely draft extensive contracts in an
effort to cover all eventualities in the
performance of the contract, thereby limiting
the reliance on the governing laws. Examples
can be found in the contract drafting practices
in the US and other jurisdictions influenced by
the US, both in Latin America and Asia.
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