Features Of The System Of Common (English) Law

Features Of The System Of Common (English) Law

19.04.2021, 10:42

All over the world, business entities prefer the use of the English law system in their activities, since English law is characterized by flexibility, adaptability and practicality. In this regard, it is not surprising that more than 60% of contracts worldwide are carried out in the frames of this system.

Taking into account the specified features of English law, due to its ability to face the newly emerging "legal challenges" associated with the development of new technologies, such as cryptocurrencies and others, it seems necessary to start implementing certain elements of English law, which have not been yet covered by national legislation.

It should be noted that the new policy of Uzbekistan is based on the principle of openness, the main goal of which is constructive and mutually beneficial cooperation. Given the growing interest of entrepreneurs and business circles operating in the English legal system in doing business in Uzbekistan, the creation of equal favorable conditions for each investor, especially in the legal sphere, is one of the most topical issues.

Based on the above, one of the sessions of the II International Legal Forum “Tashkent Law Spring” is dedicated to the topic on Features of the system of common (english) law.

The following topical issues are planned to be discussed during the session:

– Why Economic Reform and Establishing An English Common Law Jurisdiction in Uzbekistan Must Go Hand in Hand;

– Why use English law? Three key reasons;

– Implementation of English law in Uzbekistan;

– The role of the judiciary in the implementation and application of English law;

– Foreign experience in the implementation and application of English law;

– Resolving Disputes through Arbitration or Mediation: an English approach.

In the session will attend representatives of foreign organizations with extensive experience on issues that mentioned in the above.

Session will be moderated by President of the Slynn Foundation Sir Peter Gross.

Minister of justice of Republic of Uzbekistan Ruslanbek Davletov will open the session with welcome speech.

In the session as speakers will attend Sir Suma Chakrabarti – Adviser to the President of the Republic of Uzbekistan on economic development, good governance and international cooperation, Lord (David) Wolfson – deputy Minister of Justice of Great Britain, Atabek Nazirov – Adviser to the Minister of Investment and Foreign Trade - Director General of Direct Investment Fund of the Republic of Uzbekistan, The Rt. Hon. Sir James Dingemans – judge of the Court of Appeal of Great Britain, Khawar Qureshi – British barrister and international lawyer, Michael Patchett-Joyce – Barrister, Arbitrator, Mediator; Fellow, Chartered Institute of Arbitrators.

Furthermore, Chairman of the AIFC Legal Advisory Council Michael Blair and The Registrar and Chief Executive of the AIFC Court Chris Campbell-Holt were invited to attend in discussions.