TY - BOOK ID - 85825555 TI - "Soft law" in international commercial arbitration PY - 2021 SN - 9004462899 9789004462892 9789004462908 9004462902 PB - Leiden, Netherlands ; Boston, Massachusetts : Brill Nijhoff, DB - UniCat KW - International law KW - Law of nations KW - Nations, Law of KW - Public international law KW - Law KW - Soft law KW - Droit souple KW - International commercial arbitration KW - Arbitrage commercial international KW - International commercial arbitration. UR - https://www.unicat.be/uniCat?func=search&query=sysid:85825555 AB - “Soft law” is a current buzzword and considered a panacea for all kinds of issues that arise in international commercial arbitration. Very little research has, however, been done on the dogmatic underpinnings of the concept and its actual legal relevance. This course follows the development of the so-called “soft law” from its origins in public international law to commercial arbitration, where it is used today as a label for various instruments and phenomena, covering both procedural aspects and the applicable substantive law: model laws, arbitration rules, guidelines, the UNIDROIT Principles, the lex mercatoria, and others. It presents three particularly well-known sets of guidelines by the International Bar Association and discusses the pros and cons of “soft law” instruments and their potential normativity. The analysis suggests that “soft law” instruments are typically less well recognised in practice than is generally assumed. The author explains what such instruments can achieve and what minimum requirements they have to fulfil to at least aspire to some legitimacy. He argues ultimately that “soft law” instruments can be very useful tools, but they do not carry any normativity. -- Publisher. ER -