Title

XI.1 - Foreign corporate entities

Content

No. XI.1 - Foreign corporate entities

The existence of foreign corporate entities is acknowledged.

Commentary

The Principle reflects the universal application of the juridical concept of corporateness, i.e. the existence of corporations as separate legal entities.

References

Doctrine

Charles T. Kotuby Jr. / Luke A. Sobota, GENERAL PRINCIPLES OF LAW AND INTERNATIONAL DUE PROCESS - Principles and Norms Applicable in Transnational Disputes, New York NY USA 2017Goldman, Berthold, Frontières du Droit et Lex Mercatoria, 9 Archives de Philosophie du Droit 1964, at 177 et seq.Horn, Norbert, Das Recht der internationalen Anleihen, Frankfurt a.M. 1972Schmitthoff, Clive, The Sources of the Law of International Trade, London 1964

Court Decisions

First National City Bank v. Banco Para El Comercio Exterior de Cuba, 462 US 611 (1983)

Contract Clauses

Corporate Power and AuthoritySales & Purchase Contract