Abstract

http://ssrn.com/abstract=906604
 
 

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The Seller's Right to Cure a Failure to Perform in International Sales


Jonathan Yovel


NYU School of Law - Straus Institute for the Advanced Study of Law and Justice; University of Haifa - Faculty of Law; Yale Law School

2010

Nordic Journal of Commercial Law, pp. 1-19, 2005

Abstract:     
A defaulting party’s right to cure a failure to perform under the condition that such cure does not create any – or at least any excessive – hardship for the aggrieved party, has emerged from American relational reforms of sales law (UCC Art. 2-508) to become a staple of modern contract law, and of modern sales law in particular. This study provides an analytical framework for contractual cure in international transactions, then presents, analyses and compares the respective provisions governing the seller’s right to cure a failure to perform, with relation to the right to terminate the contract, to damages and to performance, under several legal regimes, with emphasis on the UN Sales Convention 1980 (CISG).

Number of Pages in PDF File: 19

Keywords: Contracts, Sales, International Sales, Cure, Breach of Contract, Remedies for Breach of Contract, Sales, CISG, CESL, PECL, UCC

JEL Classification: K10, K11, K12, K20, K30, K39, K40, K49, K41

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Date posted: June 6, 2006 ; Last revised: November 27, 2014

Suggested Citation

Yovel, Jonathan, The Seller's Right to Cure a Failure to Perform in International Sales (2010). Nordic Journal of Commercial Law, pp. 1-19, 2005. Available at SSRN: http://ssrn.com/abstract=906604

Contact Information

Jonathan Yovel (Contact Author)
NYU School of Law - Straus Institute for the Advanced Study of Law and Justice ( email )
New York
United States
University of Haifa - Faculty of Law ( email )
Mount Carmel
Haifa, 31905
Israel
Yale Law School ( email )
P.O. Box 208215
New Haven, CT 06520-8215
United States
203.435.5911 (Phone)

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