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ABOUT THE STIMULATING VALUE OF THE PENALTY AND ITS PERSPECTIVE ROLE IN THE MECHANISM OF CIVIL REGULATION

Abstract

The author focuses on the institution of a penalty in Russian civil law. The author formulates the idea of the traditions of civil law regulation of penalties in our country, regarding it as the most important instrument for ensuring the fulfillment of obligations. The article argues the need to take specific measures to improve civil legislation aimed at delimiting the penalty as a way to ensure the fulfillment of obligations and pre-estimated damages, which are a measure of civil liability. The article proves that the improvement of civil legislation on the penalty and the law enforcement activity based on it will strengthen the contractual discipline, ensuring progressive and effective.

About the Author

L. V. Shchennikova
Kuban state University
Russian Federation


References

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4. Liquidated Damages and Penalty Clauses: A Civil Law versus Common Law Comparison [Электронный ресурс] // URL : https://www.lexology.com/contributors/reed-smith-llp (дата обращения: 14.04.2019 г.).

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6. Non-Compensatory Damages in Civil- and Common-Law Jurisdictions - Requirements and Underlying Principles [Электронный ресурс] // URL: https://globalarbitrationreview.com/chapter/1151326/non-compensatory-damages-in-civil-and-common-law-jurisdictions-%E2%80%93-requirements-and-underlying-principles (дата обращения: 14.04.2019 г.).


Review

For citations:


Shchennikova L.V. ABOUT THE STIMULATING VALUE OF THE PENALTY AND ITS PERSPECTIVE ROLE IN THE MECHANISM OF CIVIL REGULATION. Legal Bulletin of the Kuban State University. 2019;(2):14-18. (In Russ.)

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ISSN 2078-5836 (Print)
ISSN 2782-5841 (Online)