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Law and Politics
Reference:

Butova, R.A. Penalty as means of civil law responsibility: some problems in theory and judicial practice.

Abstract: The article includes analysis of the key specifi c features of penalty as a measure of responsibility. The author analyzes the order and principles of its calculation, as well as grounds and means of lowering penalty. Based on the analysis of the Russian legislation and the arbitration practice, the author views the key problems of application of penalties in the contracts., then the author offers to amend the legal norms. Some of the aspects of the penalty remain topical and ambiguous to this day, and this is partly due to the imperfections of the existing legislation. The current changes in the practice of application of penalty also may make this article especially topical.

Keywords:

jurisprudence, penalty, responsibility, amount, lawful, contract-based, calculation, lowering, claim, change.

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