#ex_aequo_et_bono #definition and legal meaning
Ex aequo et bono is a Latin phrase used in legal terms. In the context of arbitration, it refers to the arbitrator's power to consider only what he considers fair and equitable in the case at hand, without regard to the law.
Article 38(2) of the Statute of the International Court of Justice provides that the Court may "decide a case ex aequo et bono if the parties agree thereto." This means that if both parties agree, the Court can make a decision based on what is fair and just, rather than strictly following legal rules.
1 Vienna Convention on the law of treaties 1969 (Part I)
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2 Vienna Convention on the law of treaties 1969 (Part II) [ Ссылка ]
3 Vienna Convention on the law of treaties 1969 (Part III) [ Ссылка ]
4 Vienna Convention on the law of treaties 1969 (Part IV) [ Ссылка ]
5 Vienna Convention on the law of treaties 1969 (Part V) [ Ссылка ]
6 Vienna Convention on the law of treaties 1969 ( The END) [ Ссылка ]
7 Vienna Convention on Diplomatic Relation 1961 (Full)
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8. UN Charter (1)
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9. UN Charter (2)
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10. UN Charter (3)
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11. UNCLOS 1982 (1)
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12. UNCLOS 1982 (2)
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13. UNCLOS 1982 (3)
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14. UNCLOS 1982 Part V: Exclusive Economic Zone
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15. UNCLOS 1982 Part VI: Continental Shelf
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Ex aequo et bono definition and legal meaning
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