Edited by Franco Ferrari, Clarence D. Ashley Professor of Law and Director, Intesa Sanpaolo Center for Transnational Litigation, Arbitration, and Commercial Law, New York University School of Law, New York, US and Diego P. Fernández Arroyo, Professor of Law, Director of the LLM in Transnational & Dispute Settlement, SciencesPo Law School, Paris, France

• Contents:Introduction 1Franco Ferrari and Diego P. Fernández ArroyoPART I CERTAINTY VERSUS FLEXIBILITY1. Certainty versus flexibility in the conflict of laws 6Kermit Roosevelt III2. Certainty versus flexibility in the EU choice of law system 27Francesca RagnoPART II PARTY AUTONOMY3. Foundation, limits and scope of party autonomy 71Giuditta Cordero-Moss4. The scope and limits of party autonomy in international contracts:a comparative analysis 101Symeon C. SymeonidesPART III UNIVERSAL VALUES5. Private international law and the question of universal values 148Ralf Michaels6. Are there universal values in choice of law rules? Should there be any? 178Mathias ReimannPART IV PRIVATE INTERNATIONAL LAW AND GLOBAL GOVERNANCEISSUES7. Unlocking private international law’s potential in global (migration)governance 196Verónica Ruiz Abou-Nigm8. The present and prospective contribution of global private international lawunification to global legal ordering 214Hans van LoonPART V THE NEW CHALLENGES OF EXTRATERRITORIALITY9. Extraterritoriality in the public and private enforcement of U.S.regulatory law 236Hannah L. Buxbaum10. New challenges of extraterritoriality: superposing laws 258Matthias LehmannPART VI CURRENT DEVELOPMENTS IN FORUM ACCESS:JURISDICTION AND FORUM NON CONVENIENS11. European perspectives on human rights litigation 293Martina Mantovani and Burkhard Hess12. Judicial jurisdiction and forum access: the search for predictable rules 332Linda J. SilbermanPART VII RECOGNITION AND ENFORCEMENT OF JUDGMENTS13. New challenges in the recognition and enforcement of judgments 360Ronald A. Brand14. New challenges in the context of recognition and enforcement ofjudgments 390Andrea BonomiPART VIII FOREIGN LAW IN DOMESTIC COURTS15. Foreign law in domestic courts: challenges and future developments 412Yuko Nishitani16. The challenge of accommodating foreign law in domestic courts 434Louise Ellen TeitzPART IX PRIVATE INTERNATIONAL LAW IN INTERNATIONALARBITRATION17. Private international law in international arbitration 464George A. Bermann18. Private international law and arbitration: arbitral determination of the lawor rules of law governing the merits 484Horacio A. Grigera NaónIndex 497

'Globalization has tremendously enhanced the number of cross-border transactions and, thereby, the significance of the conflict of laws. But is the localization method conceived in the 19th century for both jurisdiction and the applicable law still appropriate in the 21st? Can it serve purposes of global governance, give effect to universal values, allow for the implementation of national policies, provide legal certainty? The editors and authors, outstanding scholars in this area, provide thoughtful and interesting answers to these pressing questions.'--Jürgen Basedow, Member of the Institut de Droit International