PICC UNIDROIT Principles of International Commercial Contracts 2016
PICC
UNIDROIT Principles of International Commercial Contracts 2016
Zivilrecht
Int. Privat- & Wirtschaftsrecht
(1) Where the court orders a party to perform, it may also direct that this party pay a penalty if it does not comply with the order.
(2) The penalty shall be paid to the aggrieved party unless mandatory provisions of the law of the forum provide otherwise. Payment of the penalty to the aggrieved party does not exclude any claim for damages.
Source: UNIDROIT
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for Int. Privat- & Wirtschaftsrecht
notes
for ARTICLE 7.2.4 PICC
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