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transnational law transnational law (lex mercatoria or international business law) and "No repudiation of contractual consent by state party" 2016-03-01 13:58:16 https://www.trans-lex.org/img/logo_ball.png
Principle

No. IV.2.3 - No repudiation of contractual consent by state party

A state or state controlled entity may not invoke its sovereignty or internal law to repudiate contractual consent.

Commentary
This rule is a special case of the Principles of sanctity of contracts ("pacta sunt servanda") and good faith.

Please cite as: "Commentary to Trans-Lex Principle , "
References
Arbitral Awards
Doctrine
International Legislation
National Legislation
Contract Clauses
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