INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY

Contractual behaviour of the parties in construction contracts is fundamentally influenced by the availability and effectiveness of the remedies which might be obtained during the contract in court or by arbitral proceedings to ensure the proper and timely performance of the contractual obligations....

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Main Author: Cristian Răzvan RUGINĂ
Format: Article
Language:English
Published: Nicolae Titulescu University Publishing House 2021-05-01
Series:Challenges of the Knowledge Society
Subjects:
Online Access:http://cks.univnt.ro/download/cks_2021_articles%252F2_private_law%252FCKS_2021_PRIVATE_LAW_018.pdf
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author Cristian Răzvan RUGINĂ
author_facet Cristian Răzvan RUGINĂ
author_sort Cristian Răzvan RUGINĂ
collection DOAJ
description Contractual behaviour of the parties in construction contracts is fundamentally influenced by the availability and effectiveness of the remedies which might be obtained during the contract in court or by arbitral proceedings to ensure the proper and timely performance of the contractual obligations. In particular, the interim reliefs can play an important role in preventing and correcting any possibly abusive behaviour of the parties, as well as in maintaining throughout the contracts of the contractual balance established by the parties at the outset of the construction contracts. The paper analyses the interim reliefs currently used in construction contracts in Romania, the relation between the contractual behaviour of the parties and the length of interim reliefs proceedings, and how the interim reliefs might look in the near future, in the age of smart contracts technology.
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institution Kabale University
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publisher Nicolae Titulescu University Publishing House
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series Challenges of the Knowledge Society
spelling doaj-art-60487a3f38bb4cb49b8bf3aec1dfcb162024-12-02T00:47:36ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962021-05-01141263271INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGYCristian Răzvan RUGINĂ0PhD Candidate, Faculty of Law, “Nicolae Titulescu” University (e-mail: razvanrugina@gmail.com)Contractual behaviour of the parties in construction contracts is fundamentally influenced by the availability and effectiveness of the remedies which might be obtained during the contract in court or by arbitral proceedings to ensure the proper and timely performance of the contractual obligations. In particular, the interim reliefs can play an important role in preventing and correcting any possibly abusive behaviour of the parties, as well as in maintaining throughout the contracts of the contractual balance established by the parties at the outset of the construction contracts. The paper analyses the interim reliefs currently used in construction contracts in Romania, the relation between the contractual behaviour of the parties and the length of interim reliefs proceedings, and how the interim reliefs might look in the near future, in the age of smart contracts technology.http://cks.univnt.ro/download/cks_2021_articles%252F2_private_law%252FCKS_2021_PRIVATE_LAW_018.pdfconstruction contractsinterim reliefsfirst demand guaranteessmart contracts technologyonline dispute resolution (odr)
spellingShingle Cristian Răzvan RUGINĂ
INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY
Challenges of the Knowledge Society
construction contracts
interim reliefs
first demand guarantees
smart contracts technology
online dispute resolution (odr)
title INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY
title_full INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY
title_fullStr INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY
title_full_unstemmed INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY
title_short INTERIM RELIEFS IN THE AGE OF SMART CONTRACTS TECHNOLOGY
title_sort interim reliefs in the age of smart contracts technology
topic construction contracts
interim reliefs
first demand guarantees
smart contracts technology
online dispute resolution (odr)
url http://cks.univnt.ro/download/cks_2021_articles%252F2_private_law%252FCKS_2021_PRIVATE_LAW_018.pdf
work_keys_str_mv AT cristianrazvanrugina interimreliefsintheageofsmartcontractstechnology