Title

ICC Award 5314, Coll. ICC Arb. Awards 1991-1995

Table of Contents

Interim award in case no. 5314 of 1988

Content

Interim award in case no. 5314 of 1988

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[17] "Whereas on the other hand, Art. 13(5) of the ICC rules obliges the arbitrators to take account of the relevant trade usages. Whereas the lex mercatoria takes its source in the trade usages and in the principles generally applicable in international trade (see: Craig, Park and Paulsson, op. cit. part III, ยง 17.03, p. 81 et seq.).

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Referring Principles

Trans-Lex Principle: XV.2 - Law applicable to international contracts