Pre-judgment Interest under Article 78, United Nations Convention on Contracts for the International Sale of Goods
In ECEM European Chemical Marketing B.V. v. The Purolite Company , 2010 WL 4069188, the United States District Court for the Eastern District of Pennsylvania examined Article 78 (interest damages) of the UN Convention on Contracts for the International Sale of Goods. ARTICLE 78 If a party fails to pay the price or any other sum that […]
International Sales Under The United Nations Convention on Contracts for the International Sale of Goods (CISG)
The United Nations Convention on Contracts for the International Sale of Goods (CISG) While we export and import all the time, we often do not realize the applicability of the U.N. Convention on Contracts for the International Sale of Goods. This Convention standardizes international sales law which is very important when dealing with businesses from […]