Case number: 161
Article number: sales convention / 1(1)(a)
Thessaurs issue:
Country of decision: Hungary
Year of decision: 1993
Type of decision: Arbitral award

Case 161: CISG 1(1)(a)

Hungary: Arbitration Court attached to the Hungarian Chamber of Commerce and Industry

Arbitral award in case No. Vb/92205 of 20 December 1993

Original in Hungarian

Extracts published in German: Praxis des Internationalen Privat- und Verfahrensrechts (IPRax) 1995, 52

The claimant requested the arbitral court to ascertain whether a valid contract had been concluded between the claimant and the respondent for the sale of shares in a Hungarian limited liability company. Both the country of the claimant and that of the respondent were States Parties to the CISG.

The arbitral court distinguished between the sale of goods and the sale of rights and held that the CISG was not applicable since the contract at issue dealt with the sale of rights and thus did not fall within the ambit of the CISG (article 1(1)(a) CISG) .