Ius Comparatum - Global Studies in Comparative Law

The Effects of Financial Crises on the Binding Force of Contracts - Renegotiation, Rescission or Revision

Editors: Başoğlu, Başak (Ed.)

  • Provides a comprehensive comparative overview on the legal consequences of global financial crises on the binding force of contracts
  • Explores the problem from a variety of theoretical bases and concise analysis of the law of 19 jurisdiction
  • Focuses on possible available remedies, namely renegotiation, rescission and revision
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eBook 107,09 €
price for Spain (gross)
  • ISBN 978-3-319-27256-6
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-3-319-27254-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

This book is about one of the most controversial dilemmas of contract law: whether or not the unexpected change of circumstances due to the effects of financial crises may under certain conditions be taken into account. 

Growing interconnectedness of global economies facilitates the spread of the effects of the financial crises. Financial crises cause severe difficulties for persons to fulfill their contractual obligations. During the financial crises, performance of contractual obligations may become excessively onerous or may cause an excessive loss for one of the contracting parties and consequently destroy the contractual equilibrium and legitimate the governmental interventions. 

Uncomfortable economic climate leads to one of the most controversial dilemmas of the contract law: whether the binding force of the contract is absolute or not. In other words, unstable economic circumstances impose the need to devote special attention to review and perhaps to narrow the binding nature of a contract. Principle of good faith and fair dealing motivate a variety of theoretical bases in order to overcome the legal consequences of financial crises. 

In this book, all these theoretical bases are analyzed with special focus on the available remedies, namely renegotiation, rescission or revision and the circumstances which enables the revocation of these remedies. 

The book collects the 19 national reports and the general report originally presented in the session regarding the Effects of Financial Crises on the Binding Force of Contracts: Renegotiation, Rescission or Revision during the XIXth congress of the International Academy of Comparative Law, held in Vienna, July 2014.

Table of contents (19 chapters)

  • General Report on the Effects of Financial Crises on the Binding Force of Contracts: Renegotiation, Rescission or Revision

    Serozan, Rona

    Pages 3-29

    Preview Buy Chapter 30,19 €
  • From Crisis to Crisis: Weakness of Contracts in Argentina

    Rivera, Julio César

    Pages 33-51

    Preview Buy Chapter 30,19 €
  • Keeping the Balance: The Effects of Financial Crises on Contracts Under Brazilian Law

    Schreiber, Anderson

    Pages 53-58

    Preview Buy Chapter 30,19 €
  • Les effets exercés par les crises financières sur la force obligatoire des contrats: certitudes et incertitudes du droit québécois en matière d’imprévision

    Charpentier, Élise (et al.)

    Pages 59-81

    Preview Buy Chapter 30,19 €
  • Can Financial Crisis Lead to the Application of the Institute of Changed Circumstances Under Croatian Law?

    Bukovac Puvača, Maja (et al.)

    Pages 83-99

    Preview Buy Chapter 30,19 €

Buy this book

eBook 107,09 €
price for Spain (gross)
  • ISBN 978-3-319-27256-6
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-3-319-27254-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
The Effects of Financial Crises on the Binding Force of Contracts - Renegotiation, Rescission or Revision
Editors
  • Başak Başoğlu
Series Title
Ius Comparatum - Global Studies in Comparative Law
Series Volume
17
Copyright
2016
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-27256-6
DOI
10.1007/978-3-319-27256-6
Hardcover ISBN
978-3-319-27254-2
Series ISSN
2214-6881
Edition Number
1
Number of Pages
XIX, 333
Number of Illustrations and Tables
2 illustrations in colour
Topics