On 14 March, Professor Louise Gullifer, co-Director of the Cape Town Convention Academic Project and UNIDROIT Legal Consultant Theodora Kostoula participated in a workshop at the European Law Institute (EUI). The workshop was co-hosted by the Finance, Innovation and Regulation Working Group, the International Law Working Group, and the International Economic Law and Policy Working Group and was held at the EUI Law Department, in Villa Salviati, in Florence, and online.

The session featured a presentation by Professor Gullifer and Ms Kostoula on ‘Legal unification: how to provide an economic evaluation’. The presentation derived from the ongoing project on Economic Assessment of International Commercial Law Reform, run by the Cape Town Convention Academic Project and the UNIDROIT Foundation, and supported by the Aviation Working Group.

Professor Gullifer and Ms Kostoula presented the main ideas of this project, and the challenges and issues arising when evaluating possible international private commercial law reform projects. The speakers also discussed whether the framework developed can be helpful to evaluate the legal unification of other areas of law through binding or non- binding rules of international law, as well as the limitations of such an approach.

More information on the EA ICLR project is available on the UNIDROIT Foundation website:

Economic Assessment of Law

Information on the workshop can be found here:

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