PICC UNIDROIT Principles of International Commercial Contracts 2016
PICC
UNIDROIT Principles of International Commercial Contracts 2016
Zivilrecht
Int. Privat- & Wirtschaftsrecht
A joint and several obligor against whom a claim is made by the co-obligor who has performed the obligation:
(a) may raise any common defences and rights of set-off that were available to be asserted by the co-obligor against the obligee;
(b) may assert defences which are personal to itself;
(c) may not assert defences and rights of set-off which are personal to one or several of the other co-obligors.
Source: UNIDROIT
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for ARTICLE 11.1.12 PICC
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