This article will argue that penalty clauses are covered by the CISG and many courts, tribunals, and commentaries have taken far too narrow a view. An examination of the general principles, as laid down within the CISG, will lead to the conclusion that penalty clauses are within the ambit of the CISG.
Recommended CitationBruno Zeller, Penalty Clauses: Are They Governed by the CISG?, 23 Pace Int'l L. Rev. 1 (2011)
Available at: http://digitalcommons.pace.edu/pilr/vol23/iss1/1