Termination indemnity is a universal way of cease of obligations in Russian civil law

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Abstract

The obligatory claim is the most important mass property value in contemporary civil turnover. It has unlike choses its intangible nature and special regime of its emergency and termination. Stability of commercial ties is also dependent on universal tool of discontinuance of obligation in line with subsequent agreements or legally designated events. Termination indemnity can be considered as such. In accordance with article 409 of RF Civil Code it can be established by an agreement. Due to authors opinion that should not be interpreted contra legem.

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About the authors

Yuri Е. Monastyrsky

Sevastopol’ State University

Author for correspondence.
Email: monastyrsky@mzs.ru
ORCID iD: 0000-0002-6999-8150

Doctor of Science (Law), Professor of the Department

Russian Federation, Sevastopol

References

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