Corporate contracts and legal evolution

Authors

  • Freddy Escobar Rozas Pontificia Universidad Católica del Perú

    Abogado. Magister en Derecho por Harvard Law School. Profesor de Análisis Económico del Derecho, Contratos y Remedios Legales en la Maestría de Derecho Civil de la Pontificia Universidad Católica del Perú (PUCP). Profesor de Instituciones Legales en la Maestría de Banca y Finanzas de la PUCP. Profesor de Contratos en la Universidad Pacífico. Socio de Lazo, De Romaña & CMB.

Keywords:

Corporate contracts, risks, contractual freedom, interpretation, Common Law

Abstract

In any contractual operation, risks are presented, which have a significant cost in economic operations. In view of this, the parties, in exercise of their contractual freedom, regulate the allocation of risks in the most appropriate way to their needs, seeking efficiency. In this article, the author explains the importance of risks in contractual operations, the reason for the modification of legal provisions of risk allocation, and why contracts should be interpreted literally.

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Published

2016-01-19

How to Cite

Escobar Rozas, F. (2016). Corporate contracts and legal evolution. THEMIS Revista De Derecho, (70), 67–93. Retrieved from https://revistas.pucp.edu.pe/index.php/themis/article/view/19604

Issue

Section

Derecho de los contratos