Professor Ferrari to give a talk on economic hardship under the CISG at Bucerius Law School in Hamburg, Germany

On Tuesday, April 9, 2019, Professor Franco Ferrari, the Center’s Director, will give a talk on “Hardship-Clauses in International Sales  Contracts” on the occasion of a workshop co-hosted by the Center and Bucerius Law School on the occasion of the 3rd Hamburg Arbitration Day. The talk by Professor Ferrari will focus on how the economic crisis has affected long-term international sales agreements, more specifically, 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, Arbitration, 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