Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015)
Autor(a) principal: | |
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Data de Publicação: | 2017 |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Economic Analysis of law Review |
Texto Completo: | https://portalrevistas.ucb.br/index.php/EALR/article/view/7106 |
Resumo: | While discussing efficiency in international contracts choice of law, one approach prescribes three elements as guidance: (i) party autonomy; (ii) allocation of the burden of proof of foreign law to parties; and (iii) protection of certain categories in asymmetric information situations. However, the way that the “efficient framework” relates to the Brazilian system has been practically ignored. Thus, this paper submits a set of cases, gathered from the author´s prior empirical research, to hypothetical efficient elements in choice of law. The paper suggests that the Brazilian system reflects mixed elements: (i) choice of law is rigid, but it does not necessarily impair efficiency; (ii) burden of proof follows the prescribed orientation; and (iii) the potential interpretation of protected categories (e.g. consumers) can affect the internalization device of information asymmetry. However, whereas Courts interpret these rules in tandem, most decisions resulted in efficient choice of law outcomes. |
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Economic Analysis of law Review |
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Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015)Choice of Law Private International Law Contracts Brazilian SystemWhile discussing efficiency in international contracts choice of law, one approach prescribes three elements as guidance: (i) party autonomy; (ii) allocation of the burden of proof of foreign law to parties; and (iii) protection of certain categories in asymmetric information situations. However, the way that the “efficient framework” relates to the Brazilian system has been practically ignored. Thus, this paper submits a set of cases, gathered from the author´s prior empirical research, to hypothetical efficient elements in choice of law. The paper suggests that the Brazilian system reflects mixed elements: (i) choice of law is rigid, but it does not necessarily impair efficiency; (ii) burden of proof follows the prescribed orientation; and (iii) the potential interpretation of protected categories (e.g. consumers) can affect the internalization device of information asymmetry. However, whereas Courts interpret these rules in tandem, most decisions resulted in efficient choice of law outcomes.Universidade Católica de Brasília2017-08-02info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionAvaliado por Pares; Peer ReviewedRevisão de Literatura; Análise quantitativa e qualitativaapplication/pdfhttps://portalrevistas.ucb.br/index.php/EALR/article/view/710610.31501/ealr.v8i1.7106Economic Analysis of Law Review; Vol. 8 No. 1 (2017): Economic Analysis of Law Review; 35-52Economic Analysis of Law Review ; Vol. 8 Núm. 1 (2017): Economic Analysis of Law Review; 35-52Economic Analysis of Law Review; v. 8 n. 1 (2017): Economic Analysis of Law Review; 35-522178-0587reponame:Economic Analysis of law Reviewinstname:Universidade Católica de Brasília (UCB)instacron:UCBporhttps://portalrevistas.ucb.br/index.php/EALR/article/view/7106/5184Copyright (c) 2017 Economic Analysis of Law Reviewinfo:eu-repo/semantics/openAccessRibeiro, Gustavo Ferreira2023-06-15T18:35:05Zoai:ojs.portalrevistas.ucb.br:article/7106Revistahttps://portalrevistas.ucb.br/index.php/ealrONGhttps://portalrevistas.ucb.br/index.php/EALR/oaieditor.ealr@gmail.com||sdi@ucb.br||benjaminm.tabak@gmail.com2178-05872178-0587opendoar:2023-06-15T18:35:05Economic Analysis of law Review - Universidade Católica de Brasília (UCB)false |
dc.title.none.fl_str_mv |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
title |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
spellingShingle |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) Ribeiro, Gustavo Ferreira Choice of Law Private International Law Contracts Brazilian System |
title_short |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
title_full |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
title_fullStr |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
title_full_unstemmed |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
title_sort |
Choice of Law in International Contracts and Efficiency: Insights from the Brazilian System and Correspondent Case law (2004-2015) |
author |
Ribeiro, Gustavo Ferreira |
author_facet |
Ribeiro, Gustavo Ferreira |
author_role |
author |
dc.contributor.author.fl_str_mv |
Ribeiro, Gustavo Ferreira |
dc.subject.por.fl_str_mv |
Choice of Law Private International Law Contracts Brazilian System |
topic |
Choice of Law Private International Law Contracts Brazilian System |
description |
While discussing efficiency in international contracts choice of law, one approach prescribes three elements as guidance: (i) party autonomy; (ii) allocation of the burden of proof of foreign law to parties; and (iii) protection of certain categories in asymmetric information situations. However, the way that the “efficient framework” relates to the Brazilian system has been practically ignored. Thus, this paper submits a set of cases, gathered from the author´s prior empirical research, to hypothetical efficient elements in choice of law. The paper suggests that the Brazilian system reflects mixed elements: (i) choice of law is rigid, but it does not necessarily impair efficiency; (ii) burden of proof follows the prescribed orientation; and (iii) the potential interpretation of protected categories (e.g. consumers) can affect the internalization device of information asymmetry. However, whereas Courts interpret these rules in tandem, most decisions resulted in efficient choice of law outcomes. |
publishDate |
2017 |
dc.date.none.fl_str_mv |
2017-08-02 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Avaliado por Pares; Peer Reviewed Revisão de Literatura; Análise quantitativa e qualitativa |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://portalrevistas.ucb.br/index.php/EALR/article/view/7106 10.31501/ealr.v8i1.7106 |
url |
https://portalrevistas.ucb.br/index.php/EALR/article/view/7106 |
identifier_str_mv |
10.31501/ealr.v8i1.7106 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://portalrevistas.ucb.br/index.php/EALR/article/view/7106/5184 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2017 Economic Analysis of Law Review info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2017 Economic Analysis of Law Review |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidade Católica de Brasília |
publisher.none.fl_str_mv |
Universidade Católica de Brasília |
dc.source.none.fl_str_mv |
Economic Analysis of Law Review; Vol. 8 No. 1 (2017): Economic Analysis of Law Review; 35-52 Economic Analysis of Law Review ; Vol. 8 Núm. 1 (2017): Economic Analysis of Law Review; 35-52 Economic Analysis of Law Review; v. 8 n. 1 (2017): Economic Analysis of Law Review; 35-52 2178-0587 reponame:Economic Analysis of law Review instname:Universidade Católica de Brasília (UCB) instacron:UCB |
instname_str |
Universidade Católica de Brasília (UCB) |
instacron_str |
UCB |
institution |
UCB |
reponame_str |
Economic Analysis of law Review |
collection |
Economic Analysis of law Review |
repository.name.fl_str_mv |
Economic Analysis of law Review - Universidade Católica de Brasília (UCB) |
repository.mail.fl_str_mv |
editor.ealr@gmail.com||sdi@ucb.br||benjaminm.tabak@gmail.com |
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1798675420558655488 |