All articles on the topic: "Contractual penalty“
The Federal Court of Justice overturned the decision and referred it back to the Higher Regional Court for a new hearing (BGH, judgment of 07.03.2024, Ref. I ZR 83/23). In...
In practice, contractual penalties are a common means of sanctioning breaches of cease-and-desist declarations. The declaration to cease and desist is “subject to penalty” precisely because a contractual penalty is...