Private Law Theory

The harmonisation of contract law figures prominently on the agenda of international organisations. For a long time, Latin America has been notably absent from this trend, although (or perhaps, because) the countries of the region share a common legal heritage. At present, the degree of formal harmonisation between Latin American private laws remains low. However, some academic initiatives have been launched over the past decade. The most recent is a project concerned with drafting ‘Latin American Principles of Contract Law’ (Principios Latinoamericanos de Derecho de los Contratos – PLDC). The PLDC cover the most important questions of general contract law (formation, content, remedies, etc). Their main purpose is to provide a source of inspiration for the reform and modernization of contract law throughout Latin America … (more)

First posted 2015-03-16 15:30:02