Restatement of Nordic Contract Law is a presentation of the fundamental rules and principles of Nordic Contract law, comprising the contract laws of Denmark, Finland, Iceland, Norway and Sweden. While the Nordic countries do not have a common body of contract law, rules are quite similar. Many contract law rules are undisputed but unwritten, and the authors of this book have formulated black letter rules. Each black letter rule is accompanied by comments. The comments are thorough in explaining the background of the rules, their application and consequences, often citing court cases and giving examples. A restatement reflects and explains the specific content of principles and provisions in a particular area of the law. A restatement is particularly relevant to Nordic contract law as to a large extent it has not been codified. It is the hope of the Editorial Board that this restatement will be useful in the field of international commerce by making accessible an overview of Nordic contract law, and that it will serve as an inspiration to decision-makers at both international and European levels.The book is divided into ten chapters: General Principles, Formation of Contract, Representation, Invalidity, Interpretation, Contract Content, Performance, Breach and Remedies, Direct Claims and Assignment of Claims.
The book is a practical tool in law practice, as it provides non-Nordic lawyers with an overview of contract law in the Nordic countries.The authors are law school professors at universities in the Nordic countries, all specializing in contract law.