The effects of financial crises on the binding force of contracts : renegotiation, rescission or revision /

"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 t...

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Corporate Author: International Congress of Comparative Law Vienna, Austria
Other Authors: Ba¿Ґo♯Ґlu, Ba¿Ґak
Format: Conference Proceeding Book
Language:English
French
Published: Cham : Springer, 2016
Series:Ius comparatum ; v. 17
Subjects:
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020 |a 9783319272542 
020 |a 3319272543 
035 |a (SKY)280275215 
040 |a OHX  |b eng  |e rda  |c OHX  |d OCLCO  |d YDXCP  |d BTCTA  |d EQO  |d OCLCO  |d OCLCF  |d OCLCO  |d GXR  |d LRL  |d OCLCQ  |d GWL  |d SKYRV 
041 0 |a eng  |a fre 
049 |a VLA 
050 4 |a K840.A6  |b .I57 2014 
111 2 |a International Congress of Comparative Law  |n (19th :  |d 2014 :  |c Vienna, Austria) 
245 1 4 |a The effects of financial crises on the binding force of contracts :  |b renegotiation, rescission or revision /  |c Ba¿Ґak Ba¿Ґo♯Ґlu, editor 
260 |a Cham :  |b Springer,  |c 2016 
300 |a xix, 333 pages ;  |c 25 cm 
490 1 |a Ius comparatum,  |x 2214-6881 ;  |v volume 17 
500 |a International conference proceedings 
504 |a Includes bibliographical references and index 
505 0 0 |t General Report on the Effects of Financial Crises on the Binding Force of Contracts : Renegotiation, Rescission or Revision /  |r Rona Serozan --  |t From Crisis to Crisis : Weakness of Contracts in Argentina /  |r Julio C©♭sar Rivera --  |t Keeping the Balance : The Effects of Financial Crises on Contracts Under Brazilian Law /  |r Anderson Schreiber --  |t Effets exerc©♭s par les crises financi©·res sur la force obligatoire des contrats : certitudes et incertitudes du droit qu©♭b©♭cois en mati©·re d'impr©♭vision /  |r ©lise Charpentier and Nathalie Vezina --  |t Can Financial Crisis Lead to the Application of the Institute of Changed Circumstances Under Croatian Law? /  |r Maja Bukovac Puva♯џa, Gabrijela Mihel♯џi♯ј, and Iva Tuhtan Grgi♯ј --  |t Elimination of the Impacts of Financial Crisis on Legal Relationships According to Czech Private Law /  |r Marketa Seluck©Ł --  |t Financial Crises and Danish Contract Law : No Room for Hardship /  |r Mads Bryde Andersen and Joseph Lookofsky --  |t Crises financi©·res et contrats : le droit positif fran©ʹais refuse la r©♭vision d'un contrat devenu d©♭s©♭quilibr©♭ mais le projet de r©♭forme entr'ouvre la porte ©¡ l'impr©♭vision /  |r R©♭my Cabrillac --  |t Financial Turmoil as a Change of Circumstances Under Greek Contract Law /  |r Nikolaos A. Davrados --  |t "All Roads Lead to Rome" : the Multiple Grounds Under Italian Law to Challenge a Contract due to Supervening Changes of Circumstances /  |r Marco Torsello --  |t Effects of a Bubble Economy on the Binding Force of Contracts : The 1990s Experience of Japan and Its Implications /  |r Shugo Kitayama --  |t Effects of Crises on the Binding Force of Contracts : Polish Solutions /  |r Wojciech Robaczyn¿ѕski --  |t Discussing the (Ab)normality of Financial Crises as a Relevant Change of Circumstance Under Portuguese Law /  |r Manuel Carneiro de Frada and Mariana Fontes da Costa --  |t Impr©♭vision dans le Nouveau Code Civil roumain enfant©♭ par la crise ©♭conomique mondiale /  |r Dumitru Dobrev and Marilena Uliescu --  |t Russian Federation Legislation on the Effects of Financial Crises on the Binding Force of Contracts : Renegotiation, Rescission or Revision /  |r Nataliya Georgievna Doronina and Natalie Gennadievna Semilyutina --  |t Effects of the Global Financial Crisis on the Binding Force of Contracts : A Focus on Disputes over Structured Notes in Taiwan /  |r Chang-hsien Tsai --  |t Certainty Over Clemency : English Contract Law in the Face of Financial Crisis /  |r Horace Yeung and Flora Huang --  |t Financial Crisis and the Remedy of Rescission in the United States /  |r Aditi Bagchi --  |t Adaptation of the Contract in Turkish Law /  |r Ba¿Ґak Baysal 
520 |a "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"--Back cover 
546 |a Sixteen English and three French contributions 
650 0 |a Contracts  |x Economic aspects  |v Congresses 
650 0 |a Impossibility of performance  |v Congresses 
650 0 |a Discharge of contracts  |v Congresses 
650 0 |a Rescission (Law)  |v Congresses 
650 0 |a Financial crises  |v Congresses 
700 1 |a Ba¿Ґo♯Ґlu, Ba¿Ґak, 
830 0 |a Ius comparatum ;  |v v. 17 
907 |a .b2291125 
998 |a lower 
999 |c 123140 
852 |a Law Library  |b Lower Level  |h K840.A6 .I57 2014  |p 33940004388466