The Impact of Unilateral Sanctions on Contractual Obligations: Basic Theoretical Approaches
Table of contents
Share
QR
Metrics
The Impact of Unilateral Sanctions on Contractual Obligations: Basic Theoretical Approaches
Annotation
PII
S1605-65900000622-5-1
Publication type
Article
Status
Published
Authors
Igor Voskoboynik 
Occupation: Postgraduate Student
Affiliation: Institute of Legislation and Comparative Law under the Government of the Russian Federation
Address: Moscow, Russia
Edition
Pages
135-147
Abstract

The issue of the impact of economic sanctions on contractual relations between the parties is relevant today for several reasons. Firstly, an unprecedented number of foreign sanctions have been imposed on the Russian Federation, its citizens and organizations at the moment, preventing the conduct of commercial activities and requiring the resolution of emerging disputes. Secondly, due to the presence of a public element and low theoretical elaboration of this topic, the application of sanctions legislation in civil law disputes often turns out to be unsystematic and contradictory.

The article analyzes two main approaches to the impact of sanctions on treaties and their legal consequences. According to the first approach, sanctions are considered as factual circumstances that objectively affect the performance of contractual obligations, and therefore there is no analysis of the legality of the impact of these norms on the contract. As a result, the assessment of such an impact takes place on the basis of lex fori norms in terms of force majeure, the impossibility of fulfilling an obligation or its termination. The second approach, on the contrary, involves considering sanctions as norms of law and evaluating them in terms of criteria of private international law (for example, as super-mandatory norms and compliance with lex fori public policy), recognizing them as part of the treaty statute.

Due to the low theoretical elaboration of this topic in Russian law, these approaches are often mixed, which leads to unpredictable consequences in the regulation of contractual relations between the parties.

Keywords
sanction laws, contract, influence, datum approach, legal norm approach, international private law
Date of publication
07.06.2024
Number of purchasers
2
Views
85
Readers community rating
0.0 (0 votes)
Cite Download pdf

To download PDF you should pay the subscribtion

1

References



Additional sources and materials

1. Azeredo da Silveira M. Economic sanctions and contractual disputes between private operators. Research Handbook on UN Sanctions and International Law. Edward Elgar Publishing, 2017. 
2. Azeredo da Silveira M. Trade sanctions and international sales: an inquiry into international arbitration and commercial litigation. Wolters Kluwer Law & Business, 2014. 
3. Currie B. On the Displacement of the Law of the Forum. Columbia Law Review, 1958, vol. 58. 
4. Ehrenzweig A. A. Local and Moral Data in the Conflict of Laws: Terra Incognita. Buffalo Law Review, 1966, vol. 16, no. 1. 
5. Fohrer-Dedeurwaerder E. La prise en considération des normes étrangères: Doctoral dissertation. Paris, 2004. 
6. Freitag R. Einfach und international zwingende Normen: Anmerkungen zu einem restatement des Art. 7 EVÜ in e inem k ünftigen Gemeinschaftsinstrument über das auf vertragliche Schuldverhältnisse anwendbare Recht. Aufl, 2004. 
7. Göthel S. Grenzüberschreitende Reichweite ausländischen Kapitalmarktrechts. Praxis des internationalen Privat-und Verfahrensrechts, 2001. 
8. Jansen N., Michaels R. Die Auslegung und Fortbildung ausländischen Rechts. Zeitschrift für Zivilprozess, 2003, vol. 116. 
9. Jayme E. Ausländische Rechtsregeln und Tatbestand inländischer Sachnormen: Betrachtungen zu Ehrenzweigs Datum-Theorie. Heidelberg, 1976. 
10. Kinsch P. Le fait du prince étranger: Doctoral dissertation. Strasbourg, 1994. 
11. Kreuzer K. Ausländisches Wirtschaftsrecht vor deutschen Gerichten. CF Müller, 1986. 
12. Szabados T. Economic Sanctions in EU Private International Law. Bloomsbury Publishing, 2020. Vol. 25. 
13. Van Hecke G. The Effect of Economic Coercion on Private Relationships. Revue Beige De Droit International, 1984, vol. 18. 
14. Vischer F. General Course on Private International Law. Collected Courses of the Hague Academy of International Law, 1992, vol. 232. 
15. Vischer F. Kollisionsrechtliche Parteiautonomie und dirigistische Wirtschaftsgesetzgebung in Juristische Fakultät der Universität Basel, Festgabe für Max Gerwig. Helbing & Lichtenhahn, 1960. 
16. Wengler W. Die Anknüpfung des zwingenden Schuldrechts im internationalen Privatrecht: eine rechtsvergleichende Studie. Stuttgart, 1941. 
17. Zweigert K. Nichterfüllung auf Grund ausländischer Leistungsverbote. Zeitschrift für ausländisches und internationales Privatrecht. 1942. 14. Jahrg. H. 1/2. 
18. Aksenov A. G. Legal regulation of international trade contracts under economic sanctions. Vestnik arbitrazhnoy praktiki, 2020, no. 5, pp. 86—100. (In Russ.) 
19. Voytovich E. P. Economic sanctions in international private law. Vestnik Novosibirskogo gosudarstvennogo universiteta. Seriya: Pravo, 2014, vol. 10, no. 2, pp. 112—119. (In Russ.) 
20. Krasavchikov O. A. Yuridicheskie fakty v sovetskom grazhdanskom prave. In: Krasavchikov O. A. Kategorii nauki grazhdanskogo prava: izbrannye trudy. Ed. by V. S. Em. Moscow, 2005. 
21. Sinitsyn S. A. Institute of Expropriation of Foreign Property: De Facto & De Jure. Moscow University Bulletin. Series 11. Law, 2023, no. 3, pp. 33—54. (In Russ.) 
22. Starzhenetskiy V., Butyrina V., Dragunova Yu. Russian judges on economic sanctions: balancing between protecting the national public order and business interests. Mezhdunarodnoe pravosudie, 2018, no. 4(28), pp. 126—141. (In Russ.) 
23. Stepanenko E. A. Obzor sudebnoy praktiki: posledstviya primeneniya inostrannykh sanktsionnykh norm. Vestnik arbitrazhnogo suda Moskovskogo okruga, 2019, no. 2, pp. 74—81. 
24. Schukin A. I. Improving Russian Legal Proceedings in Condition of Economic Sanctions: Exclusive Jurisdiction and Obtaining Exequatur (Part 1). Zakon, 2021, no. 1, pp. 125—148. (In Russ.) 
25. Schukin A. I. Improving Russian Legal Proceedings in Condition of Economic Sanctions: Non-Execution of the Jurisdictional Agreement and Anti-Suit Injunction (Part 2) . Zakon, 2021, no. 2, pp. 131—149. (In Russ.) 
26. Harms C. Neuauflage der Datumtheorie im internationalen Privatrecht. Vol. 430. Mohr Siebeck, 2019.

Comments

No posts found

Write a review
Translate