Globalisierung und Recht: Auswirkungen der Globalisierung auf die Praxis grenzüberschreitender Transaktionen aus deutscher Perspektive

Globalisation and Law: Impacts of the Globalisation on the Pracitise of Cross-border Transactions from a German Perspective

Peter C. Fischer (peter.fischer@fh-duesseldorf.de)
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Peter C. Fischer: Department of Economics of the Duesseldorf University of Applied Sciences

Duesseldorf Working Papers in Applied Management and Economics from Duesseldorf University of Applied Sciences

Abstract: Topic of this publication is the impact of globalisation on the practise of cross-border transactions from a German legal perspective. The focus is on four key questions: Who determines the applicable law in case of a cross-border transaction? Who determines which courts shall have international jurisdiction? In which language will the legal documents be negotiated and drafted in practise? The culture of which jurisdiction will actually influence the structure and wording of such legal documentation? The answers to these questions will make clear that cross-border transactions are still primarily ruled by national laws or in case of the member states of the European Union also by supernational law, meaning there is generally no unified international law, while the language of such contractual documents as well as the culture influencing the legal documentation are in practise generally Anglo-Saxon standards.

Keywords: Grenzüberschreitende Transaktionen; Rechtswahl; Internationaler Gerichtsstand; Vertragssprache; Rechtskultur; Russland; Wirtschaftsbeziehungen; Cross-border Transactions; Choice of Law; International Jurisdiction; Language of Contract; Legal Culture; Russia; Economic Relation (search for similar items in EconPapers)
JEL-codes: F60 K12 L14 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2014-05
Note: Dies ist der vierte von insg. sechs Beiträgen in Bleuel, Hans-H. (Hrsg.): Ausgewählte Themen zu den deutsch-russischen Wirtschaftsbeziehungen. Düsseldorf, 2014.
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Published in Forschungsberichte des Fachbereichs Wirtschaft der Fachhochschule Duesseldorf, 2014,27 ; ISSN 1866-2722

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