Facultatea de Drept / Faculty of Law

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    Executarea contractelor comerciale internaționale în condiții excepționale
    (2020) Băieșu, Aurel
    Under the conditions of the exceptional health crisis caused by the covid-19 virus, unprecedented governmental actions are taking place worldwide, which are likely to massively affect the execution of ongoing international trade agreements, so that international trade operators are in a position to seek legal solutions to get out of deadlock. Two institutions established in both the national laws and the instruments of uniform law come to regulate the situations in which, due to unforeseeable events at the time of the conclusion of the contract, which do not depend on the will of the contracting parties seriously affect the ability of the parties to performe their commitments - force majeure and hardship. This article is dedicated to the legal analysis of these two important institutions of international contract law.