Article 74154 Cases Damages for breach of contract by one party consist of a sum equal to the loss, including loss of profit, suffered by the other party as a consequence of the breach. Such damages may not exceed the loss which the party in breach foresaw or ought to have foreseen at the time of the conclusion of the contract, in the lights of the facts and matters of which he then knew or ought to have known, as a possible consequence of the breach of contract.

Number

Issue

# Cases

Right to claim damages

1.1

Losses suffered due to breach

1.1.1

Lost profits

1.1.2

Devaluation of currency

1.2.3

Costs for legal assistance

Limitations

2.1

Unforeseeable losses

Country	Date	Court
Arbitral Award	00-00-1998	Arbitration Institute of the Stockholm Chamber of Commerce
Arbitral Award	24-01-2000	Tribunal of International Commercial Arbitration at the Russian Federation Chamber of Commerce
Arbitral Award	01-02-2000	CIETAC China International Economic and Trade Arbitration Commission
Arbitral Award	06-06-2000	Tribunal of International Commercial Arbitration at the Russian Federation Chamber of Commerce
Cases: 4
Australia	12-10-2001	Supreme Court of Queensland - Court of Appeal
Cases: 1
Austria	14-01-2002	Oberster Gerichtshof
Cases: 1
Germany	21-05-1996	Oberlandesgericht Köln
Germany	15-09-1997	Landgericht Heilbronn
Germany	13-01-1999	Oberlandesgericht Bamberg
Cases: 3
Greece	00-00-2009	Multi-Member Court of First Instance of Athens
Cases: 1
Italy	19-02-2014	Tribunale di Modena
Cases: 1
Poland	07-02-2013	Szczecin Court of Appeal
Cases: 1
USA	09-09-1994	U.S. District Court, N.D., New York
USA	06-12-1995	U.S. Court of Appeals, 2nd Circuit
USA	29-01-2003	U.S. District Court, Northern District of Illinois, Eastern Division
USA	29-03-2004	U.S. Bankruptcy Court for the District of Oregon
Cases: 4