A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments

In international commercial contracts, imposing a time-limit on bringing a legal action through litigation is not only important for the purpose of certainty and protecting parties’ interest, but it is also considered to be essential. Both the Limitation Convention and Uniform Commercial Code (UCC)...

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Main Authors: Amin Taherkhani, Mohammad Taghi Rafie
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2015-01-01
Series:Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī
Subjects:
Online Access:http://jplr.atu.ac.ir/article_1013_e7396f451ee85afecb6f1e3ecda3f70e.pdf
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spelling doaj-8f680b812f4e47abb0aa6d8477c3f7a12020-11-25T00:34:59ZfasAllameh Tabataba'i University PressFaṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī2345-35832015-01-01393361A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other InstrumentsAmin TaherkhaniMohammad Taghi RafieIn international commercial contracts, imposing a time-limit on bringing a legal action through litigation is not only important for the purpose of certainty and protecting parties’ interest, but it is also considered to be essential. Both the Limitation Convention and Uniform Commercial Code (UCC) establish four­ year time periods, while DCFR and UNIDROIT 2010 consider three-year time periods. Commencement date of the limitation period plays a significant role in determining this duration. In accordance with provisions of the Convention, the limitation period commences on the date when the claim occurs. In Article 2­725 of the UCC, the same criteria are taken into consideration. Hence, in connection with the determination of the commencement date, except in cases where the right to terminate is established, provisions of the UCC are consistent with the Convention. This is why in the UCC, in most cases except for claims arising from fraud, the "discovery rule" to determine the commencement date has been disregarded. By contrast, in UNIDROIT 2010 and DCFR, the "discovery rule" has been applied in all cases. Therefore, except in situations where claims arise from fraud, provisions of the Convention are inconsistent with the two recent instruments. http://jplr.atu.ac.ir/article_1013_e7396f451ee85afecb6f1e3ecda3f70e.pdfDuration and Commencement Date; Articles 8 to 13 of the UN Convention on the Limitation Period; Section 2:725 of the UCC; III7: 203 of the DCFR; 10:2 of the UNIDROIT 2010
collection DOAJ
language fas
format Article
sources DOAJ
author Amin Taherkhani
Mohammad Taghi Rafie
spellingShingle Amin Taherkhani
Mohammad Taghi Rafie
A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments
Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī
Duration and Commencement Date; Articles 8 to 13 of the UN Convention on the Limitation Period; Section 2:725 of the UCC; III7: 203 of the DCFR; 10:2 of the UNIDROIT 2010
author_facet Amin Taherkhani
Mohammad Taghi Rafie
author_sort Amin Taherkhani
title A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments
title_short A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments
title_full A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments
title_fullStr A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments
title_full_unstemmed A Comparative Study of Duration and Commencement of the Limitation Period under the UN Convention on the Limitation Period in the International Sale of Goods, the Uniform Commercial Code and Other Instruments
title_sort comparative study of duration and commencement of the limitation period under the un convention on the limitation period in the international sale of goods, the uniform commercial code and other instruments
publisher Allameh Tabataba'i University Press
series Faṣlnāmah-i Pizhūhish-i Huqūq-i Khuṣūṣī
issn 2345-3583
publishDate 2015-01-01
description In international commercial contracts, imposing a time-limit on bringing a legal action through litigation is not only important for the purpose of certainty and protecting parties’ interest, but it is also considered to be essential. Both the Limitation Convention and Uniform Commercial Code (UCC) establish four­ year time periods, while DCFR and UNIDROIT 2010 consider three-year time periods. Commencement date of the limitation period plays a significant role in determining this duration. In accordance with provisions of the Convention, the limitation period commences on the date when the claim occurs. In Article 2­725 of the UCC, the same criteria are taken into consideration. Hence, in connection with the determination of the commencement date, except in cases where the right to terminate is established, provisions of the UCC are consistent with the Convention. This is why in the UCC, in most cases except for claims arising from fraud, the "discovery rule" to determine the commencement date has been disregarded. By contrast, in UNIDROIT 2010 and DCFR, the "discovery rule" has been applied in all cases. Therefore, except in situations where claims arise from fraud, provisions of the Convention are inconsistent with the two recent instruments.
topic Duration and Commencement Date; Articles 8 to 13 of the UN Convention on the Limitation Period; Section 2:725 of the UCC; III7: 203 of the DCFR; 10:2 of the UNIDROIT 2010
url http://jplr.atu.ac.ir/article_1013_e7396f451ee85afecb6f1e3ecda3f70e.pdf
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