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Agreed Sums Payable upon Breach of an Obligation
Agreed Sums Payable upon Breach of an Obligation

Agreed Sums Payable upon Breach of an Obligation

Rethinking Penalty and Liquidated Damages Clauses

International Commerce and Arbitration

LAW

207 Pages, 6.75 x 9.5

Formats: Cloth, PDF

Cloth, $112.50 (US $112.50)

Publication Date: January 2011

ISBN 9789490947040

Rights: US & CA

Eleven International Publishing (Jan 2011)

Price: $112.50
 
 

Overview

Unique in its breadth, this book undertakes a comparative analysis of the ways in which legal systems in all regions of the world deal with agreed sums payable upon breach of an obligation. The book shows divergences and convergences and indicates trends as to the future development of the law. It also deals with the treatment of agreed sums under the 1980 UN Convention on Contracts for the International Sale of Goods (CISG), offering the first comprehensive solution to this issue based on comparative analysis. For practitioners as well as researchers, this book is a valuable source of information and offers suggestions for solutions to current and future issues.