- Russian Federation
- Arbitrazh court of Kostroma region
SALES CONTRACT - BETWEEN TWO RUSSIAN COMPANIES - REFERENCE TO UNIDROIT PRINCIPLES TO INTERPRET APPLICABLE DOMESTIC LAW (RUSSIAN LAW)
DAMAGES - AMOUNT OF HARM NOT DETERMINABLE WITH CERTAINTY - DISCRETIONARY DETERIMNATION BY COURT - REFERENCE TO ARTICLE 7.4.3 (3) UNIDROIT PRINCIPLES
Two Russian companies entered into the contract of sale. One of them - the seller - was going to be liquidated. The byer filed a claim against the liquidator for the damages caused by his not reasonable decisions and actions. The court decided in favor of the buyer, applying the Russian law and Art. 7.4.3 (3) of the UNIDROIT Principles.