1 A moratorium (from Latin: moratorius dilatory, morari to delay) can be defined as the temporary suspension of a claim, right, or obligation. It may be used to suspend a party’s claims and thus benefit other parties (eg the suspension to claim debts), to suspend a party’s right and thus benefit a public good (eg the suspension of the right to hunt whales; Whaling) or to suspend a party’s obligations and thus benefit the suspending party itself (eg the suspension of treaty obligations).2 The concept, used in various areas of law, has not attracted much attention...
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