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Commercial Court

   Also found in: Wikipedia 0.01 sec.
Court, Commercial 

in certain bourgeois countries—for example, in France, Belgium, Austria, and Switzerland (certain cantons)—a judicial institution with special jurisdiction. For the most part, commercial courts settle disputes over commercial transactions. In other countries, commercial disputes are settled either by special divisions of the civil courts or by judges who specialize in the consideration of such disputes.

Commercial courts originated during the period of feudalism in response to the desire of influential commercial groups for legal autonomy. They persist in countries with a dual system of private law, that is, countries in which civil and commercial law are separate and distinct from each other.



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The group's original application was turned down by the Commercial Court and the Supreme Court.
However, Federal Government by a Notification may establish as many as Commercial Courts as it considers necessary in addition to notifying the territorial limits within which each Commercial Court shall work under the Act.
The Gabonese leader's lawyers had argued that the case was a private dispute, pointing out that a Libreville commercial court had sentenced the Frenchman to pay Bongo 900,000 euros in damages.
 
 
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