In the masterly account and evaluation which the President of the Conference, Professor Offerhaus, has given of the negotiations at the Seventh Session of the Hague Conference on Private International Law, 1951, he discussed in great detail the project of the Convention which deals with the recognition of the legal personality of foreign companies, associations, and foundations (Journal Clunet du Droit International 1952, p. 1088–1110). The subject has a long history. Both the Institut de Droit International (1891 and 1929) and the League of Nations Committee of Experts had worked on it. At the previous Hague Conference in 1928 Basdevant, on behalf of the French delegation, put forward a proposal that at the next Session a study should be made of the international regime of companies, a proposal which was accepted; Actes 1928, p. 402, cf. Document 1951, p. 3.