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An Analysis of Market-Based Damages for Breach of Contract in the CISG and PECLJonathan YovelYale Law School; University of Haifa - Faculty of Law AN INTERNATIONAL APPROACH TO THE INTERPRETATION OF THE UNITED NATIONS CONVENTION ON CONTRACTS FOR THE SALE OF GOODS, John Felemegas, ed., Cambridge University Press, 2007 Abstract: This essay studies the availability of market-based damages for breach of contract as a substitute for standard expectation damages in the law of international sales. It focuses on two major contractual regimes: the UN convention on Contracts for the International Sales of Goods, 1980 (CISG) and the European Principles of Contract Law, 2003 (PECL), as well as on several judicial opinions from different legal systems applying the CISG and other relevant law.
Number of Pages in PDF File: 7 Keywords: Contract, CISG, PECL, Price Damages, Current Price and Risk JEL Classification: J41, K12, K10, K33, K49, K11, L14, M55, K00 Accepted Paper SeriesDate posted: June 6, 2006Suggested Citation |
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