Ex aequo et bono

Ex aequo et bono

"Ex aequo et bono" (Latin for "according to the right and good" or "from equity and conscience") is a legal term of art. In the context of arbitration, it refers to the power of the arbitrators to dispense with consideration of the law and consider solely what they consider to be fair and equitable in the case at hand.

Article 38(2) of the Statute of the International Court of Justice provides that the court may decide cases ex aequo et bono, but only where the parties agree thereto. Through 2007, ICJ has never decided such a case.

Article 33 of the United Nations Commission on International Trade Law's Arbitration Rules (1976) provides that the arbitrators shall consider only the applicable law, unless the arbitral agreement allows the arbitrators to consider "ex aequo et bono", or amiable compositeur, instead. [ [http://www.jus.uio.no/lm/un.arbitration.rules.1976/33.html 33 - UNCITRAL Arbitration Rules (1976) ] ] This rule is also expressed in many national and subnational arbitration laws, for example s. 22 of the Commercial Arbitration Act 1984 (NSW).

On the other hand, the constituent treaty of the Eritrea-Ethiopia Claims Commission explicitly forbids this body to interpret "ex aequo et bono".

Notes

ee also

*Equity (law) - similar concept in common law jurisdictions


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • aequo et bono — See ex aequo et bono …   Ballentine's law dictionary

  • Ex aequo et bono — Saltar a navegación, búsqueda El término ex aequo et bono (latín: de acuerdo con lo correcto y lo bueno, o desde la equidad y la conciencia )? es un término legal en latín que en el contexto de los juicios, alude al poder de los jueces de dar una …   Wikipedia Español

  • ex aequo et bono — ex ae·quo et bo·no /ˌeks ē kwō et bō nō, ī kwō / [Latin]: according to what is equitable and good: on the merits of the case often used in international law when a matter is to be decided according to principles of equity rather than by points of …   Law dictionary

  • Ex aequo et bono — Traditionell werden Rechtsgrundsätze gern durch lateinische Begriffe oder Wendungen ausgedrückt. Sie sind teilweise aus der griechisch/römischen Antike überliefert, da insbesondere das deutsche Zivilrecht in wesentlichen Bereichen auf dem antiken …   Deutsch Wikipedia

  • Ex aequo et bono — Jargon juridique Le jargon juridique est un pseudo langage propre aux représentants des professions gravitant autour du droit. Il s agit surtout d expressions, d adages en latin ainsi que des abréviations (pour ces dernières, voir l article… …   Wikipédia en Français

  • Ex aequo et bono — (lat.), der Billigkeit gemäß …   Pierer's Universal-Lexikon

  • Ex aequo et bono — (lat.), nach Billigkeit u. Recht …   Meyers Großes Konversations-Lexikon

  • Ex aequo et bono — Ex aequo et bono, lat., der Billigkeit gemäß …   Herders Conversations-Lexikon

  • ex aequo et bono — nach Recht und Billigkeit …   Universal-Lexikon

  • ex aequo et bono — специально предоставляемое соглашением сторон составу арбитража право разрешать спор, исходя только из представлений о справедливости без ссылок на конкретные нормы права. См. п. 2 ст. 33 Арбитражного регламента ЮНСИТРАЛ (UNCITRAL Arbitration… …   Glossary of international commercial arbitration

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”