On 17 December 2009, the Rome I Regulation (EU Regulation 593/2008) on the law applicable to contractual obligations comes into force and will be directly applicable in all EU Member States with the exception of Denmark. When we last reported on the draft Regulation, the UK was still considering whether to opt in. It decided to do so and a statutory instrument, The Law Applicable to Contractual Obligations (England and Wales and Northern Ireland) Regulations, adopting the EU Regulation into national law, will also come into force on 17 December. This will replace the Contracts (Applicable Law) Act 1990, which will then only apply to contracts concluded before 17 December 2009.
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