The Contract of Purchase and Sale of Shares in Private International Law

Petrosyan D.A. The contract of purchase and sale of shares in the international private law. This graduate paper is aimed at examining the contract of purchase and sale of shares concluded between parties from different countries. To achieve this goal were defined the following objectives. The first objective was to clarify the reasons for cross-border contract of sale of shares of Russian entrepreneurs prefer to apply English law. The second objective was the study of legislations of Russia and England in this area. The last objective was to research the institution of warrantees and representations, as the example of the suсcessful adaptation of the english institute in the russian legislation. Based on this research the following conclusions were made: • At the international level, the contract of purchase and sale of shares is regulated by rules of national legal systems, that is, to date, there are no rules of private international law, which unifies a common approach in the field of international purchase and sale of shares; • The reasons why Russian entrepreneurs choose English law are the greatest adaptation of the English legal system to such treaties, as well as the best development of used at the conclusion of such treaties rules of law; • Adaptation of the English Institute of warranties and representations in the Russian law is still the subject of discussions and disputes, however, such novelty is recognized as appropriate; • Finally, the contract of purchase and sale of shares in private international law is, in fact, an agreement of sale and purchase of shares under English contract law. Academic Supervisor: Maksimov Dmitry Mihailovich, senior lecturer of the Department of Public and Private International Law, Faculty of Law, National Research University “The Higher School of Economics”.