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- W2464079545 abstract "The present financial crisis and its ongoing effects on the Portuguese economy have been sharply and repeatedly reflecting in a multiplicity of contracts. As a result of this impact lawsuits aiming at the rescission or amendment of contracts due to change of circumstances have become more frequent. Recent rulings and the debate surrounding them give strengthened pertinence to the specific challenges related to the recognition of financial crises as a relevant change of circumstances. Special difficulties arise here from the requirement to prove the abnormality of the change in its social context. At the end, the exceptional nature of the intervention in the contract alongside with a concomitant need for counterbalancing in case of undesirable or intolerable outcomes arriving from the crisis are the main axiological basis for a complex set of legal assumptions of varying intensity, supported around the syndicating role of the principles of good faith." @default.
- W2464079545 created "2016-07-22" @default.
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- W2464079545 date "2016-01-01" @default.
- W2464079545 modified "2023-09-27" @default.
- W2464079545 title "Discussing the (Ab)Normality of Financial Crises as a Relevant Change of Circumstances Under Portuguese Law" @default.
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- W2464079545 doi "https://doi.org/10.1007/978-3-319-27256-6_13" @default.
- W2464079545 hasPublicationYear "2016" @default.
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