Statute of Limitations Related to Interests on Late Payment and to Contractual Penalty

Daniela Hlobíková

In: Societas et iurisprudentia • 2016 • Volume 4 • Issue 1 • Pages 104-121 • ISSN 1339-5467

Abstract: The paper deals with the impact of passage of time on secondary rights arising from breach of contractual obligation to perform his or her duty duly and in time – on interests on late payment (the claim arising ex lege) and on contractual penalty (as a security institute which may secure a timely performance of a debtor). We focus on mode of statute of limitation of secondary rights and analyse the impact of statute of limitations of primary obligation on creation and limitation of the above-mentioned secondary obligations.

Key Words: Breach of Contractual Obligations; Delay; Interests on Late Payment; Contractual Penalty; Statute of Limitations; the Slovak Republic.

URL: https://sei.iuridica.truni.sk/archive/2016/01/SEI-2016-01-Studies-Hlobikova-Daniela.pdf

Bibliographic Citation

HLOBÍKOVÁ, D. Premlčanie úrokov z omeškania a zmluvnej pokuty. Societas et iurisprudentia [online]. 2016, vol. 4, no. 1, pp. 104-121 [cit. 2020-01-01]. ISSN 1339-5467. Available at: https://sei.iuridica.truni.sk/international-scientific-journal/archive/issue-2016-01/statute-of-limitations-related-to-interests-on-late-payment-and-to-contractual-penalty/.