Party Autonomy
/ˈpɑːrti ɔːˈtɒnəmi/
Definitions
- (n.) The principle that parties to a contract or legal agreement have the freedom to choose the governing law and terms of their contract, subject to mandatory rules and public policy.
Party autonomy allows contracting parties from different countries to select which jurisdiction's law will govern their agreement.
Forms
- party autonomy
Related terms
See also
Commentary
Party autonomy is central in private international law and international commercial arbitration, enabling flexibility but constrained by non-derogable rules and public policy considerations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.