Private International Law
Private International Law (PIL) is a special branch of the legal system. Its function is to determine by special jurisdiction selecting and choice of law rules which forum can proceed and which national law is applicable in cross border cases having substantial connections to more than one country. The sources of PIL are manyfold: partly national laws, partly bilateral and multilateral conventions. In addition in EU member states large parts of PIL are unified by regulations which are the primary source of PIL in the areas covered by them. The course aims to provide students with an understanding the system and the hierarchy of the sources, the specialities of the structure, the characteristics of the choice of law rules, the methodology and functioning of the PIL. Apart from the theory and Over and above it also deals with the relevant legal practice of the Hungarian courts and the relevant preliminary rulings of the ECJ.
The Law of International Business Relations
International Business Relations is dealing with a complex of legal sources to be considered and applied by parties entering into international business transactions. The sources are even more komplex than in PIL because international business transactions are regulated on different levels by internal and international sources belonging to different branches of the law. The course aims to provide the students with the framework of the global system of international trade and the international organaisations playing a role in this area. It also deals with process and the results of the unification of different private law areas in this filed, with a special regard to the unification of the international sale. Apart from the international sale contract other types of the most important international transactions are dealt with like construction contracts, transfer of technology, leasing, franchise, cooperation, agency and distribution, security transactions, different types of international transport, forwarding, international bank payment undertakings, etc.