Armed Conflict, Effect on Contracts
- Armed conflict, international — Peace treaties — Individuals and non-state actors — Economic sanctions — Fair and equitable treatment standard
Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.
1 The outbreak of an international armed conflict has certain automatic legal effects in international law (Armed Conflict, International). Save special contractual clauses, it has, however, no direct legal effects on private contracts of individuals and companies related to the parties of the conflict, or contracts between companies and States involved in the war. But an armed conflict may nevertheless affect contractual relationships in several ways. On the one hand, wars have a considerable factual influence on contractual relationships: the object of the...