Conflict of Laws
Conflict of laws, often called "private international law" in civil law jurisdictions, is less international than public international law. It is distinguished from public international law because it governs conflicts between private persons, rather than states (or other international bodies with standing). It concerns the questions of which jurisdiction should be permitted to hear a legal dispute between private parties, and which jurisdiction's law should be applied, therefore raising issues of international law. Today corporations are increasingly capable of shifting capital and labor supply chains across borders, as well as trading with overseas corporations. This increases the number of disputes of an inter-state nature outside a unified legal framework, and raises issues of the enforceability of standard practices. Increasing numbers of businesses use commercial arbitration under the New York Convention 1958.
Read more about this topic: International Law
Famous quotes containing the words conflict and/or laws:
“We are not naïve enough to ask for pure men; we ask merely for men whose impurity does not conflict with the obligations of their job.”
—Jean Rostand (1894–1977)
“Sweet Cupid’s shafts, like destiny,
Doth causeless good or ill decree.
Desert is born out of his bow,
Reward upon his wing doth go.
What fools are they that have not known
That Love likes no laws but his own!”
—Fulke Greville (1554–1628)