Contract termination and civil liability in Lithuanian business law

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Žurnalų straipsniai / Journal articles
Language:
Anglų kalba / English
Title:
Contract termination and civil liability in Lithuanian business law
Authors:
In the Journal:
Business and management, 2026, 16, 842-848
Subject terms:
LT
Komercinė teisė / Commercial law; Civilinė teisė / Civil law.
Summary / Abstract:

ENThe termination of a contract, a common remedy for a creditor’s breach of rights, releases both parties from further performance obligations. However, the injured party retains the right to claim damages from the breaching party. This article, taking into approach Lithuanian business law, delves into the specific features of civil liability arising from contract termination, examining restitution, performance in kind, and their relationship to damages. It also differentiates between contractual and tortious liability in termination contexts and analyses the peculiarities of damages and compensatory interest as forms of civil liability. Additionally, the article explores whether civil liability applies exclusively to unlawful termination, if a corresponding claim for damages is always possible, and if an independent claim for declaring termination unlawful can be pursued without seeking damages. Keywords: contract, contract termination, contractual liability, damages, business law.

DOI:
10.3846/bm.2026.2387
ISSN:
2029-4441; 2029-929X
Subject area:
Teisė / Law
Related Publications:
Vienašalis sutarties nutraukimas kaip kraštutinė savigynos priemonė. Vilnius : Mykolo Romerio universitetas, 2019. 193 p.
Permalink:
https://www.lituanistika.lt/content/7309
Updated:
2026-09-21 15:50:24
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