Since December 17, 2009 the EU member states have been obliged to apply the Regulation (EC) No. 593/2008 of the European Parliament and of the Council instead of the Rome Convention on the law applicable to contractual obligations, so-called Rome I. The Regulation regulates the problem of law applicable in case of contracts related to the legal systems of different states. As a rule, the contract is subject to the law as chosen by the parties, and in case no law has been chosen, the detailed rules as defined in the Regulation should be referred to and complied with. The Regulation applies to contracts which have been signed after December 17, 2009.
Contact person: Lech Gniady, lg@pnplaw.pl