EŠTE RAZ KU KUMULÁCII BEŽNÝCH ÚROKOV A ÚROKOV Z OMEŠKANIA (A O SANKCIÁCH V SÚKROMNOM PRÁVE)

• Authors: Hlušák Milan

Title variants

EN

Once more on the accumulation of ordinary interest and default interest (and on sanctions in private law)

• Languages of publication: SK

Abstracts

EN

In the article the author responds to the study of prof. O. Ovečková on ordinary interest and default interest, and disputes her conclusion that during default the creditor is entitled to both, ordinary as well as default interest. In the author’s view, the creditor is entitled only to the higher of the two, since both claims are, to a certain extent, aimed at satisfying the same interest of the creditor. In the article, the author further discusses the nature of sanctions in private law, in particular the question whether private law sanctions really fulfil a preventive, punitive and compensatory function. He points out the difference between the function or substance of sanctions and their effect. He concludes that, at present, sanctions in private law essentially fulfil only a compensatory function. However, it does not exclude the possibility that they may also have a preventive or punitive effect in individual cases.

Keywords

EN

DEFAULT INTEREST; ORDINARY INTEREST; PRIVATE LAW

• Publisher: Institute of State and Law of the Slovak Academy of Sciences
• Journal: Právny obzor. Teoretický časopis pre otázky štátu a práva (Juridical Review. Theoretical journal for the questions of state and law)
• Year: 2022
• Volume: 105
• Issue: 2
• Pages: 165 – 172

Contributors

author

Hlušák Milan

• Faculty of Law of the Trnava University, Trnava, Slovak Republic

Identifiers

DOI

https://doi.org/10.31577/pravnyobzor.2022.2.05