The first part of the course examines transnational private law issues, such as conflicts of laws taking into account the rising role of private actors in creating and implementing legal standards. These actors include multinational corporations, industry associations, non-governmental organisations and adjudicative bodies created by non-state actors. The second part of the course focuses on the body of customary rules and principles related to merchants and commercial transactions constituting lex mercatoria.

CILO-1: Students will be able to appreciate the increasing globalization of law and its impact on cross-border business transactions. CILO-2: Students will be able to articulate the basic concepts and principles of transnational law. CILO-3: Students will be able to analyse on changes in the global legal doctrine, its methodological advances and challenges. CILO-4: Students will be able to apply the relevant norms in a practical context and elaborate how transnational law interacts with domestic law.