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Ch.4 The Application of New York Law to Contracts

David W. Rivkin

From: International Commercial Arbitration in New York (1st Edition)

James H. Carter, John Fellas

A newer edition of International Commercial Arbitration in New York is available. Latest edition (2 ed.)
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From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 13 April 2024

Contract claims — New York Convention on Enforcement of Judgments — Damages
Arbitrations occurring in New York are often, but not always, subject to New York law. This chapter provides a brief overview of some basic principles of New York law. New York contract law is derived from common law, statutory, and administrative sources. Contracts for services, real property, and non-goods personal property are governed by New York’s common law, which generally follows the Second Restatement of the Law of Contracts, published by the American Law Institute.1 Contracts for the sale or lease of goods2 are governed by the Uniform Commercial Code...
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