n Acta Juridica - Legal pluralism - the investor's view

Volume 2011, Issue 1
  • ISSN : 0065-1346
  • E-ISSN: 1996-2088



The research in legal pluralism has traditionally focused on customary law. As a general theory, however, it lends itself to any normative area, irrespective of territory and content. Hence legal pluralism could also be a useful tool when engaging in complex projects such as investments in the exploration and exploitation of resources which affect the population in the area concerned. Moreover, legal pluralism helps to explain phenomena such as 'soft law' (eg in mergers and acquisitions) and the development of the lex mercatoria. This article explores the above by examining the Hydrocarbon Code of Morocco and selected rules from the social field of international commerce.

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