Annual Survey of Virginia Law: Commercial Law

Annual Survey of Virginia Law: Antitrust and Trade Regulation

Basics and some examples of acceptance of transnational commercial law in Iranian law

Transnational trade usage is the most important source of international commercial law which is based on the course of conduct and practices. Despite the acceptance and application of trade usage in commercial relations, there are some ambiguities regarding its nature, identification and its binding force as a legal rule in national courts procedure. Lack of an international legislative body i...

analysis of contract law of commercial expectations in patent license

In this research, protection of commercial expectation has been examined. The main question is how we could identify and assess existence of commercial expectations. In response, commercial expectation are acquisition of expectable benefit in market, mass production, absence of technical failure in licensed knowledge and so on. Therefore, it is essential to response by analysis of contract law ...

Application of Lex Mercatoria as Applicable Law in International Commercial Arbitration

In settling disputes regarding international commercial arbitration the parties may instead of choosing the law of one country to choose lex mercatoria or the law of merchants as a applicable law to the disputes. When this choice is possible that applicable choice of law rules recognize such power for the parties. The principle of autonomy is choosing lex mercatoria has been recognized in many ...

Payment of part of the amount of the commercial document in Iranian law and international conventions

The general legal rule in fulfilling the obligation is to fulfill the whole subject of the obligation in due time. According to Article 277 of the civil code {the obligor can not force the obligee to accept part of the subject of the promise…}. Now the question is whether this rule also applies in payment of bill of exchange،promissory note and check or not? and are the same provisions of Iran’...