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

The aim of this work is to study the nature, content and specificity of the contract of purchase and sale of shares in private international law. To achieve this goal were solved next objectives: • review transactions for the sale from a position of contractual obligations in international private law • explore conflict issues of regulation of international contractual relations for the sale • identify private law aspects of international sale and purchase of shares in the ratio with traditional contract for the international sale of goods • describe the action in the international commercial turnover • identify the features of the contract of purchase and sale of shares in private international law • consider the facilities and grounds of the transfer of ownership of shares, and especially the termination of the contract of purchase and sale of shares in private international law • summarize issues of private law regulation of the international purchase and sale of the shares and ways of their solution. There were made the following conclusions: • there is no uniform approach concerning the conclusion, recognition of significant conditions, manner of execution and termination of contract • there is no unified definition of action • scope of rights of owner of shares under the agreement is less than the amount of the shareholder's rights • on stock exchange transfer of shares is neither virtual nor material – individualizing characteristics lose • when the depositaries and investors in different States, the problem arises of determining the applicable law • death of classic transaction of purchase and sale of shares and the replacement of its non-documentary treatment by taking into account the rights of the relevant accounts – the problem of the qualification of such transaction.