Русско-англо-русский юридический словарь

Insured event: An uncertain future event that is covered by an insurance contract and creates insurance risk. (IFRS 4 Insurance Contracts)

The concept of party autonomy dates back to the early fifteenth century. The first to express the doctrine of party autonomy is considered to be a French scholar named Charles Dumolin, considered to be ‘the father of party autonomy’.

Dumolin advanced the idea that ‘those who enter into an agreement may stipulate the law that governs their bargain’; when it comes to the choice of law in international contracts, the parties have the freedom, not to restrict themselves to the confines of municipal law, can exclude themselves from rules that are mandatory in the international sense and may also exclude future changes in that law. Zhang Mo has expressed the present scenario as such, “As the party autonomy doctrine has developed, the boundaries have evolved into three major areas: The public policy exception, the mandatory rules mandate and the reasonable connection requirement.” (Party Autonomy in International Contracts: Why Limited Party Autonomy Is Better Than Unlimited Party Autonomy by Arun Ajay Shankar)

The decision to re-privatise the line before the General Election has intensified debate over the future of railways, with Ed Miliband declaring that a Labour-led Government would allow a British state-owned company to compete against private operators for lucrative contracts. (The Telegraph)

Brighton's dilapidated Saltdean Lido is to be offered on a long-term lease in a bid to attract sufficient investment to safeguard its future. (BBC News)