Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
What does the future hold?
Tricky to say really. When I was a wee child we were supposed to be living on the moon by now wearing metallic jumpsuits.
That didn't quite happen.
I also recall the episode of Tomorrow's World where they said that CDs were scratch proof.
Ha! That didn't quite happen either.
So what about the proposed Common European Sales Law (CESL)? This proposal has gone through so many iterations we may indeed be living on the moon polishing our jumpsuits and listening to scratchless CDs by the time it comes into force.
That said, the CESL did recently receive strong backing for its implementation by the European Parliament.
So what is it and why should you care?
This optional EU-wide contract law is designed to promote the 'Digital Single Market' by providing a single set of rules for the marketing of digital products and related services, if traders and consumers decide to opt for it instead of the 28 sets of national rules from member states.
In theory, the CESL should cut transaction costs for small businesses, while giving consumers greater choice at cheaper prices when shopping across borders.
So what will the impact of the optional CESL be on UK sellers and those further abroad? Here's our interview with Beverley Flynn of Stevens & Bolton (published in our Lexis®PSL Commercial service late last month) where she comments on the possible implications of the proposals.
UK seller to UK customer
If implemented, the CESL will apply to cross-border distance and online transactions, therefore domestic sales will continue to be governed by UK sales legislation. Member states would have the option to make this law applicable to domestic contracts, however given the UK’s stance on the CESL to date this may not be exercised.
UK seller to other EU based customer
A UK business selling to another consum
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234