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Penalty as a way of ensuring obligations

Yurieva Alexandra Sergeevna  (Leningrad state University named after A. S. Pushkin)

this article considers the types of penalties, enforcement practice of courts. Analyzed the legal position of the constitutional Court of the Russian Federation about the possibility of penalty reduction. It is concluded that the penalty is both a method of ensuring performance of obligations and property liability of parties to civil law relations. The penalty may be envisaged by law or contract. Thus, according to the decision of the court the amount of the penalty may be reduced if it is disproportionate to consequences of infringement of obligations.

Keywords:penalty, court, debtor, creditor, assets, liabilities.
 

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Citation link:
Yurieva A. S. Penalty as a way of ensuring obligations // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2017. -№09. -С. 112-117
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