Interruption of the performance of obligations under a commercial contract Cover Image
  • Price 1.50 €

Спиране на изпълнението при непреодолима сила по търговски сделки
Interruption of the performance of obligations under a commercial contract

Author(s): Violeta Vladova-Ivanova
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Институт за държавата и правото - Българска академия на науките
Keywords: force majeure; commercial contract; non-performance of the contract; interruption of the performance of obligations

Summary/Abstract: The legal institute of force majeure is related to the impossibility of performance of obligations under a commercial contract and represents an exception from the principle of the binding force of the contract (Pacta sunt servanda). The purpose of this report is to research the issues and the controversial moments related to one of the possible consequences of force majeure – interruption of the performance of obligations under a commercial contract. On this basis the report proposes certain conclusions regarding the nature of the interruption, its consequences for the parties and the term of time in which the operation of the contract is interrupted.