A new Common European Sales Law (CESL)

As an update to the report we provided on some draft provisions being proposed to develop a European contract law (see July 2011), the European Commission received some considerable negative reactions to its Green Paper setting out the policy options for such a law. It has, however, now published a draft Regulation proposing an optional Common European Sales Law (CESL), which will create a voluntary ‘28th’ contract law for the sale of goods and ancillary services. This will be in addition to the existing 27 laws of the current EU Member States so that parties can chose for the CESL to govern their contract over their own national laws.

Limitation of scope:

The CESL is limited in scope – importantly, it is optional but its application is also restricted:

Contract law principles:

The main contract law principles are covered by the CESL (but some areas are not dealt with such as intellectual property rights). Those set out in the CESL include:

Points to Note:

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