Civil law
Practical law for business owners.
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A business partner is not paying. What to do in the first 30 days
Work out the limitation period first: for the sale of goods it is 2 years, not 3. Then one specific demand, the interest and the compensation. -
A contractual penalty in a construction works contract. When it can be reduced
A penalty for delay in payment is invalid (Article 483 § 1 of the Civil Code), and a grossly excessive one may be lowered by the court. But the application has to be made. -
Limitation in B2B. Three years is only the rule, and the exceptions are expensive
Sale of goods: 2 years. Services and mandate contracts: 2 years. Contract for specific work: 2 years. Carriage: one year. Before you calculate the period, check what kind of contract it was. -
A contract sent by a business partner. Seven places I look at first
Jurisdiction, contractual penalties running only one way, a right of withdrawal with no deadline. A list of the things that turn out to be expensive in a dispute.