Judicial Reduction of Penalties in Georgian Civil Law: Balancing Debtor and Creditor Rights

General Background: Judicial discretion in the reduction of penalties plays a crucial role in balancing the interests of contracting parties under the Civil Code of Georgia. Specific Background: Article 420 grants courts the authority to reduce disproportionately high penalties, yet the lack of expl...

Full description

Saved in:
Bibliographic Details
Main Authors: Natia Rekhviashvili, Nino Kharitonashvili
Format: Article
Language:English
Published: Universitas Muhammadiyah Sidoarjo 2024-10-01
Series:Rechtsidee: Law Journal
Subjects:
Online Access:https://rechtsidee.umsida.ac.id/index.php/rechtsidee/article/view/1031
Tags: Add Tag
No Tags, Be the first to tag this record!