Lawrence W. Newman has been a partner in the New York office of Baker & McKenzie since 1971, when, together with the late Professor Henry deVries, he founded the litigation department in that office. He is the author/editor of 4 works on international litigation/arbitration.
Michael Burrows, Formerly, Of Counsel, Baker & McKenzie, New York.
It is entirely probable that disputes arising out of international trade have been occurring for as long as merchants have purchased and sold goods across national boundaries. Thus far, the law governing those transactions has always been the subject of potential dispute, to the extent that sales law varies from country to country. There now exists the potential for such sales transactions to be governed by a single, uniform sales law, the one set forth in the United Nations Convention on Contracts for the International Sales of Goods, 19 Int’l Legal Mat. 668 (1980) (the “Convention”). Businesses engaged in foreign trade and their counsel should be aware of the impact these new provisions will have on international trade transactions and disputes.