Data

Date:
20-12-1993
Country:
Hungary
Number:
AZ Vb 92205
Court:
Hungarian Chamber of Commerce and Industry Court of Arbitration
Parties:
Unknown

Keywords

SCOPE OF CISG - CONTRACT FOR THE TRANSFER OF A QUOTA OF A LIMITED LIABILITY COMPANY - CISG NOT APPLICABLE

Abstract

The court was asked to decide whether CISG was applicable to a contract for the transfer of a quota of a limited liability company from a Hungarian firm to a German firm.

The court held that CISG applies exclusively to contracts for the sale of tangible goods. A contract for the transfer of a quota of a limited liability company, therefore, is not governed by CISG. Hungarian domestic law was held applicable.

Fulltext

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Source

Original in Hungarian:
- Unpublished

Commented on by:
- A.Vida, Keine Anwendung des UN-Kaufrechtsübereinkommens bei _bertragung des Geschäftsanteils einer GmbH, in Praxis des Internationalen Privat- un Verfahrensrechts (IPRax), 1995, 53-53}}