BCR and Contract Law

Lokke Moerel

in Binding Corporate Rules

Published in print July 2012 | ISBN: 9780199662913
Published online September 2012 | e-ISBN: 9780191746208 | DOI:
BCR and Contract Law

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This chapter discusses some contractual issues in light of the requirement that Binding Corporate Rules (BCR) should be internally binding on the group companies and employees of the multinational, and externally binding for the benefit of the beneficiaries of BCR. The latter requires discussion of the enforceability of unilateral undertakings by the beneficiaries of BCR. Transnational Private Regulation (TPR) is often effectuated through contractual ‘supply chain management’, a solution which is also part of the BCR regime. Supply chain management also raises issues of enforceability by the beneficiaries of these contracts, which are of equal relevance to BCR. How the various supply chain issues can be best addressed in BCR is discussed.

Keywords: Transnational Private Regulation; beneficiaries; supply chain management; enforceability; unilateral undertakings

Chapter.  7411 words. 

Subjects: Intellectual Property Law

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