In Baybutt Cons. Corp. v. Commercial Union Ins. Co., 455 A.2d 914 (Me. 1983), the Court stated that Maine's choice of law rule in contract cases requires that the law of the state with the most significant relationship to the parties and the transaction should control. Id at 918.
Baybutt states that the parties' understanding of the location of the insured risk is ordinarily the most important factor in ascertaining which state's law should control (absent an express provision in the contract). Id..