Reform and damages for breach of contract in the Soviet economy
In: Soviet economy, Band 5, Heft Jul-Sep 89
ISSN: 0882-6994
Reforms in remedies for breach of contract emerging under perestroyka have as a main goal a reduction in the use of penalties in favor of compensation for damages. The basic principles of the Soviet law of contract damages are outlined, and the law's operation in practice under the traditional planning system is examined. Emerging reforms in contract remedies are described and evaluated in light of this analysis. (Abstract amended)