- AZ Vb 92205
- Hungarian Chamber of Commerce and Industry Court of Arbitration
SCOPE OF CISG - CONTRACT FOR THE TRANSFER OF A QUOTA OF A LIMITED LIABILITY COMPANY - CISG NOT APPLICABLE
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.
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Original in Hungarian:
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}}