New Rules on the Choice of Law for Foreign-related Contracts

September 01, 2007 | BY

clpstaff

Parties to foreign-related contracts have been free to choose which country's law govern their contracts - except where PRC law is mandatory. The new Provisions provide better guidance on deciding the governing law of the contract.

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By John Shi and Richard Feller of Mallesons Stephen Jaques

The Supreme People's Court (SPC) recently issued new Provisions which deal with the applicable law in foreign-related commercial or civil contracts.1 These new Provisions also apply to civil or commercial contracts involving parties from Hong Kong and Macao.