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Taking Counsel: Duty of Good Faith and Fairness: On the Rise in Judicial Evaluation of Late Payment Penalties?
Section 1 of the Latvian Civil Law enunciates the general principle that rights are to be exercised and duties performed in good faith. ‘In good faith’ is also taken to mean ‘in fairness.’ Since the restoration of Latvian statehood, this principle of civil law has often been cited but relatively rarely used in practice. The gradual development of Latvian jurisprudence has however brought with it a tendency to more frequently invoke a duty of good faith or fairness. A trend toward giving it life ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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