HARDSHIP UNDER THE UNIDROIT PRINCIPLES – Part 3
In the last part of the Hardship under the UNIDROIT principles we will have a look in similar provisions in other nationals laws. In part 2 we discussed the German, Dutch, French and Belgian law.
Guido Imfeld ist zugelassener Anwalt seit 1996 und Fachanwalt für Internationales Wirtschaftsrecht, für Handels- und Gesellschaftsrecht und für gewerblichen Rechtsschutz und Wettbewerbsrecht. Seit dem Jahre 2000 ist er auch in Belgien als Anwalt zugelassen.
In the last part of the Hardship under the UNIDROIT principles we will have a look in similar provisions in other nationals laws. In part 2 we discussed the German, Dutch, French and Belgian law.
In our second part of the Hardship under the UNIDROIT principles we will have a closer at the CISG, ICC hardship clause and how the German, Dutch, French and Belgian law govern hardship.
In this first part, we delve into the specific articles of the UNIDROIT Principles, exploring how they define and manage hardship scenarios, thereby providing a structured approach to renegotiation and potential judicial intervention.
Internationally, there is no standardised concept of ‘force majeure’ and its legal consequences.
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MERCATORIUS stands for International Commercial Law: Lex Mercatoria, the law of the merchant. We accompany our clients in international trade and advise them on how to establish their market presence abroad. International trade law can only be understood in the context and interaction of national laws, European directives and regulations, and international treaties and instruments. MERCATORIUS offers you the necessary tools for this. MERCATORIUS GmbH has offices in Liège (BE), Aachen (DE), and Cologne (DE).
