Participant's Right to Terminate or Modify the International Commercial Contracts to Prevent Economic Damages Caused by the Covid-19 Pandemic

Luc Thi Ly

2021

Abstract

Rights of modification or termination contracts are one of the policies stated by national and international legal regulations to prevent damages caused by the effects of the Covid-19 pandemic. Many authors have considered this issue a contractual policy when essential circumstances change; some authors believe it is "Force Majeure"... However, this article will consider this term as Participant's right when an epidemic occurs. By analyzing and comparing legal regulations, demonstrated by actual data and explained according to the general theory, the paper also gives a general picture on the issue of terminating or changing International Commercial contracts due to the effects of the Covid-19 pandemic, assessing and commenting on advantages of this right in development's global economic what was affected by Covid-19 pandemic

Paper Citation

in Harvard Style

Ly L. (2021). Participant's Right to Terminate or Modify the International Commercial Contracts to Prevent Economic Damages Caused by the Covid-19 Pandemic. In Proceedings of the 1st International Scientific Forum on Jurisprudence - Volume 1: WFLAW, ISBN 978-989-758-598-2, pages 23-27. DOI: 10.5220/0010659800003224

in Bibtex Style

@conference{wflaw21,
author={Luc Thi Ly},
title={Participant's Right to Terminate or Modify the International Commercial Contracts to Prevent Economic Damages Caused by the Covid-19 Pandemic},
booktitle={Proceedings of the 1st International Scientific Forum on Jurisprudence - Volume 1: WFLAW,},
year={2021},
pages={23-27},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010659800003224},
isbn={978-989-758-598-2},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Scientific Forum on Jurisprudence - Volume 1: WFLAW,
TI - Participant's Right to Terminate or Modify the International Commercial Contracts to Prevent Economic Damages Caused by the Covid-19 Pandemic
SN - 978-989-758-598-2
AU - Ly L.
PY - 2021
SP - 23
EP - 27
DO - 10.5220/0010659800003224