Limitations on the principle of private international law party autonomy

In accordance with the principle of party autonomy of international private law parties to an international transaction are entitled to select applicable substantive law or rules of law. The rationale behind this principle is to provide an opportunity to select a legal framework, which shall apply, among others, in a case of any disagreements or disputes arising from the transaction between the parties.

DAVAMINI OXU “Limitations on the principle of private international law party autonomy”