CESL: Common European Sales Law instrument
This practice note considers the various steps taken since 2001 towards an EU-wide law of contract, the current proposal for a more limited Common European Sales Law (often referred to as CESL) and the next steps in the EU legislative process. It also considers the impact of the Common European Sales Law instrument on UK businesses. Note that, in its 2015 Work Programme adopted in December 2014, the Commission indicated that it intends to modify the proposal. This suggests that some time will pass before the legislative process is resumed.