For the purposes of the present Convention: … The commercial transaction exception laid down in Article 10, in conjunction with Article 2(1)(c), (2), and (3), of the Convention is in practice the most important exception to the general rule of a State’s immunity from the jurisdiction of the courts of another State. The basic idea is simple: States do not enjoy immunity from proceedings in respect of acts of a commercial character, these being the archetypal non-sovereign acts.1 But while the principle and its rationale are well recognized, controversy has...
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