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1 - The Importance of Swiss Law in International Arbitration

from Part I - Introduction

Published online by Cambridge University Press:  27 July 2023

Christoph Müller
Affiliation:
Université de Neuchâtel, Switzerland
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Summary

This chapter explores why Swiss law is very frequently chosen as the law applicable to international commercial contracts. This chapter reviews the statistics of the ICC and the Swiss Arbitration Centre as well as surveys carried out of international commercial actors confirming that Swiss law is one of the most popular laws chosen to govern the parties’ contract. This chapter then goes on to analyse the reasons cited for the popularity of Swiss law as the law governing the parties’ contract, namely the parties’ freedom to agree on the rights and obligations in their contractual relationship, the perceived neutrality of Swiss contract law, the suitability of Swiss law to cross-cultural relationships, its commonalities with laws of several Civil law jurisdictions, namely French and German law, the fact that the Swiss Code of Obligations is concise and easily accessible and the attractiveness of Switzerland as a seat of arbitration.

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Chapter
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Publisher: Cambridge University Press
Print publication year: 2023

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References

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Bucher, Eugen, ‘Law of Contracts’, in Dessemontet and Ansay (eds), Introduction to Swiss law, 3rd edn (The Hague/Boston: Kluwer Law International, 2004), p. 105.Google Scholar
Cuniberti, Gilles, ‘The International Market for Contracts: The Most Attractive Contract Laws’, (2014) 34 Nw. J. Int’l L. and Bus. 455.Google Scholar
Haberbeck, Philipp H., ‘Reasons for the attractiveness of Swiss contract law to international commercial actors’, Inside Law, 22 December 2017, available at https://insidelaw.ch/reasons-for-the-attractiveness-of-swiss-contract-law-to-international-commercial-actors/ (accessed 15 January 2023).Google Scholar
Scherer, Matthias and Schneider, Michael, ‘An Analysis of International Construction Contracts: Switzerland’, in Knutson, (ed.), FIDIC – An Analysis of International Construction Contracts (The Hague: Kluwer Law International, 2005), p. 313 et seq.Google Scholar
Vogenauer, Stefan, ‘Civil Justice Systems in Europe: Implications for Choice of Forum and Choice of Contract Law – A Business Survey – Final Results’ (2008) available at fondation-droitcontinental.org/fr/wp-content/uploads/2013/12/oxford_civil_justice_survey_-_summary_of_results_final.pdf (accessed 15 January 2023).Google Scholar

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