In a civil relationship, when a party breaches an obligation, civil liability will arise. In that case, the breaching party will have to bear civil liability as an adverse legal consequence to compensate and apply other remedies for the losses and damages suffered by...
1. Deadline for Submitting an Application for Recognition and Enforcement • Within 03 years from the date the foreign arbitral award takes legal effect, the party entitled to enforcement, the person with legitimate rights and interests involved, or their...
In international sales of good contracts (“ISGC”), the provisions of the contract and the applicable sources of law play an important role in resolving disputes. The sources of law applied in resolving disputes related to this type of contract are very diverse. In...
In the construction industry, delays in payment by the main contractor to the subcontractor are common and can have serious impacts on the subcontractor’s operation and finance. When faced such a situation, the subcontractor must take certain steps and develop...
In construction contracts and large-scale projects, the payment guarantee clause is a crucial part of protecting the main contractor’s interests. This clause not only provides financial assurance but also affects the ability to recover funds from the investor....
The buyer may breach contractual obligations, leading to two primary types of disputes: the buyer’s failure to meet payment obligations and the buyer’s failure to accept the goods. Disputes related to the buyer’s failure to pay are considered the most common in sales...
