A BRIEF OVERVIEW OF THE EFFECTS OF CONTRACTUAL IMPREVISION

Authors

  • Ioan Gí¢nfălean "1 Decembrie 1918" University, Alba Iulia
  • Ioana Nicoleta Gheberta West University, Timisoara, Romania

DOI:

https://doi.org/10.15837/aijjs.v8i3.1456

Abstract

This study is aimed to review the provisions of article 1271 of the New Civil Code and, in particular, the effects of contractual imprevision. We have attempted to outline the possibilities that this relatively new institution which has appeared in the Romanian legal landscape makes available to the parties in view of restoring the contract equilibrium further to the occurrence of exceptional circumstances, namely the limits set for the subsidiary intervention of the court when negotiations fail.

Author Biographies

Ioan Gí¢nfălean, "1 Decembrie 1918" University, Alba Iulia

Faculty of Law and Social Sciences, Law Department

Ioana Nicoleta Gheberta, West University, Timisoara, Romania

Faculty of Law and Administrative Sciences, the Law Department

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Published

2014-10-03

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