Brussels, 17/01/2003 (Agence Europe) - The European Commission intends to modernise and transform the "Rome I" Convention applicable to contractual obligations. This Convention of 1980 entered into force eleven years ago and helps to ensure the mutual recognition and enforcement of judicial decisions throughout the European Union. The key to the vaults of the system is the principle of contractual autonomy, whereby the different parties can select the law applicable to their contract. If no...