Professor Ferrari to speak on economic hardship at City University of Hong Kong School of Law

On Monday, 18 February 2019, Professor Ferrari, the Center’s Director, will speak on “Economic Hardship under the CISG: A Hard Issue”. The talk, co-sponsored by the Center, the City University of Hong Kong, and the Hong Kong Commercial and Maritime Law Centre, will focus on how the economic crisis has affected long-term international sales agreements. Plummeting prices led to importers wanting to get out of these long-term agreements. Professor Ferrari’s talk will address the issue of whether the United Nations Convention on Contracts for the International Sale of Goods deals with economic hardship and what consequences the answer to this question triggers. For the event flyer, please click here.

The Center for Transnational Litigation and Commercial Law aims at the advancement of the study and practice of international business transactions and the way to solve related disputes either through litigation or arbitration. As commercial transactions become increasingly international, it is vital to the legal and business communities to understand and analyze the practices and legal principles that govern relationships between firms and between firms and consumers in the international arena