An expert group established by the European Commission and consisting of legal practitioners, academics and former judges from across the European Union has produced a feasibility study on European contract law. The publication is a move towards achieving an optional European contract law instrument to be used by European Community legislators to improve the consistency and quality of contract legislation across the Community.

Comments are invited by 1 July 2011.

The Commission’s press release is available here:

http://europa.eu/rapid/pressReleasesAction.doreference=IP/11/523&format=HTML&aged=0&language=EN&guiLanguage=en 

The study is available here:

http://ec.europa.eu/justice/policies/consumer/docs/explanatory_note_results_feasibility_study_05_2011_en.pdf