Subject: Law | Law of Europe | European Insurance Contract Law; European Insurance Contract; PEICL; Optional Instrument; European Commission; Rome I Regulation | PEICL | European Insurance Contract | European Commission | European Insurance Contract Law | K | Optional Instrument | KJ-KKZ | Rome I Regulation
<p>The Principles of European Insurance Contract Law, also referred tousing the acronym PEICL, were published in September 2009. They are the result of ten years of academic work undertaken by the"Restatement of European Insurance Contract Law" Project Group. In the tim... View more
38 Lando, O. and Beale, H (Eds.) Principles of European Contract Law, Parts I and II,( The Hague: Kluwer Law International, 2000) and Lando, O et al. (Eds.) Principles of European Contract Law, Part III, (The Hague: Kluwer Law International, 2003).
39 For more information regarding the American Restatement of Law, see the website of The American Law Institute at www.ali.org.
40 See Article 1:101 PEICL.
41 Lando, O. and Beale, H (Eds.) Principles of European Contract Law, Parts I and II, (The Hague: Kluwer Law International, 2000) and Lando, O et al. (Eds.) Principles of European Contract Law, Part III, (The Hague: Kluwer Law International, 2003); while no reference has yet been made to general rules of contract law within the Draft Common Frame of Reference due to reasons of publishing, this should not present a great problem as the general rules of contract law in the Draft Common Frame of Reference are based on the Principles of European Contract Law as presented by the Lando Commission.
42 See Basedow, J. 'The Optional Application of the Principles of European Insurance Contract Law.' In Fuchs, A. ed. European Contract Law - ERA Forum Special Issue 2008 (ERA Forum scripta iuris europaei), (Heidelberg: Springer, 9:114-115, 2008).
52 Regarding mandatory law generally, see Martiny, D. 'Common Frame of Reference und internationales Vertragsrecht.' Zeitschrift für Europäisches Privatrecht, pp. 215- 216, 2007.
53 With regard generally to an optional contract law containing mandatory provisions, see Heiss, H. and Downes, N. 'Non-optional Elements in an Optional European Contract Law: Reflections from a Private International Law Perspective.' European Review of Private Law, 13:697 and 699, 2005.
Regulation (EC) No 593/2008 of the European Parliament and of the Council of 17 June 2008 on the law applicable to contractual obligations (Rome I)  OJ L177/6.
See the European Parliament resolution of 3 September 2008 on the common frame of reference for European contract law, P6_TA-PROV(2008)0397.
Opinion of the European Economic and Social Committee on 'The European Insurance Contract Law'  OJ C157/1, no. 6.5.