Semantic Scholar Open Access 2021

RECOVERY OF DAMAGE CAUSED BY LATE PERFORMANCE OF OBLIGATIONS RESULTING FROM INTERNATIONAL COMMERCIAL CONTRACTS

Aurel Baiesu

Lihat Sumber DOI

Abstrak

This article analyses the different approaches in comparative law, arbitral practice and in doctrine regarding the institution of interest on late performance (default interest) allocated to compensate for the damage arising from the late performance of contractual obligations, known by most legal systems and instruments of uniform law. Despite the trend of harmonization of regulations in this area, national legislations enshrine different solutions regarding some aspects of this institution. Consequently, the national and international tribunals give various decisions, depending on the legal regulations and the international commercial customs that they consider applicable in the case, the jurisprudence in this field being different.

Penulis (1)

Aurel Baiesu

Format Sitasi

APA MLA BibTeX

Baiesu, A. (2021). RECOVERY OF DAMAGE CAUSED BY LATE PERFORMANCE OF OBLIGATIONS RESULTING FROM INTERNATIONAL COMMERCIAL CONTRACTS. https://doi.org/10.51582/INTERCONF.21-22.04.2021.030

Akses Cepat

Lihat di Sumber doi.org/10.51582/INTERCONF.21-22.04.2021.030

Informasi Jurnal

Tahun Terbit: 2021
Bahasa: en
Sumber Database: Semantic Scholar
DOI: 10.51582/INTERCONF.21-22.04.2021.030
Akses: Open Access ✓