Execution of the Contract in Favour of a Third Party Cover Image
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Изпълнение на договора в полза на трето лице
Execution of the Contract in Favour of a Third Party

Author(s): Petar Topurov
Subject(s): Law, Constitution, Jurisprudence, Civil Law, Court case
Published by: Пловдивски университет »Паисий Хилендарски«
Keywords: obligation; contract; contract in favor of a third party; right; performance; time of performance; place of performance; performance by third parties
Summary/Abstract: The report examines general issues about the performance of third-party beneficiary contracts. For this purpose, a review of judicial practice and legal theory is made in relation to the issues regarding the subject of performance, the agreed right to performance by the beneficiary as one of the criteria for the presence of a contract in favor of a third party, the principles of performance, and time and place of performance. In conclusion, the following de lege ferenda proposals are made - an explicit settlement of the moment of emergence of the beneficiary's right and the possibility to request performance, as well as the need to notify him/her of the concluded contract in his favor.