Law on performing payment of legal persons, entrepreneurs and natural persons

Collection of receivables from debtors in the blockade

Under conditions of the global financial crisis increases the risk of debt uncollectability. The risk of this type primarily depends on the individual claims, payment terms, economic and political conditions in the country, as well as the solvency and creditworthiness of the debtor. The occurence of the debtor’s inability to fulfill its financial obligations due to blockage…
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The Law on Contract and Torts

Assumptions of liability for damages

Liability for damage exists if the following special conditions have been met: injured person and tort-feasor (subjects) harmful action damage unlawfulness of the tort-feasor’s action established causal link between undertaken harmful action and harmful consequence fault of tort-feasor. Assumptions of liability for damages vary depending on whether liability for damages based on the criterion of…
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