EXECUTION OF CONTRACTS IN A PANDEMIC STATE Cover Image

EXECUTAREA CONTRACTELOR ÎN STAREA DE PANDEMIE
EXECUTION OF CONTRACTS IN A PANDEMIC STATE

Author(s): Titu Ionașcu
Subject(s): Civil Law
Published by: EDITURA ,,ACADEMICA BRÂNCUȘI”
Keywords: force majeure; unforeseen theory; good faith; exceptional event; exemption; state of emergency; contractual balance; renegotiation clause; reasonable term; contractual justice;

Summary/Abstract: We are witnessing, in real time, a paradigm shift on many levels. The rampant spread of the new coronavirus has led to a global health crisis, resulting in the loss of thousands of lives. As in a domino effect, the world economy is in decline, which is transposed locally in each state and in the civil circuit. Thus, the question can be raised to what extent the current epidemiological context followed by the declaration of the pandemic is likely to determine the circumstances that fall for the invocation of causes of suspension, mitigation or exoneration of contractual liability.

  • Issue Year: 2020
  • Issue No: 2
  • Page Range: 7-24
  • Page Count: 18
  • Language: English, Romanian
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