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2. The Duty to Renegotiate an International Sales Contract under CISG in Case of Hardship and the Use of the Unidroit Principles.

Author

DEWEZ, JULIE, RAMBERG, CHRISTINA, URIBE, RODRIGO MOMBERG, CABRILLAC, RÉMY, and PRADERA, LIS PAULA SAN MIGUEL

Subjects
EXPORT sales contracts, CONTRACTS, SALES, COMMERCIAL law
Abstract

The article examines the Contracts for the International Sale of Goods (CISG) in Europe. According to the authors, the CISG states that unforeseen circumstances which cause non-performance of contract by one party can be deemed excusable and provides the parties the right to demand for a renegotiation of the contract. They state that this rule has produced debates, particularly with regards to the legal definition of hardship or unforeseen circumstances and the way CISG is interpreted.

Published
2011

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