References
in ARTICLE 11.2.3 PICC
PICC
UNIDROIT Principles of International Commercial Contracts 2016
(1) The obligor may assert against any of the joint and several obligees all the defences and rights of set-off that are personal to its relationship to that obligee or that it can assert against all the co-obligees, but may not assert defences and rights of set-off that are personal to its relationship to one or several of the other co-obligees.
(2) The provisions of Articles 11.1.5, 11.1.6, 11. 1. 7 and 11. 1. 8 apply, with appropriate adaptations, to joint and several claims.
Source: UNIDROIT
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Documents
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notes
for ARTICLE 11.2.3 PICC
No notes available.