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to fail to perform obligations

См. также в других словарях:

  • fail — vi 1: to be or become inadequate or unsuccessful esp. in fulfilling certain formal requirements even though one or more terms are left open a contract for sale does not fail for indefiniteness Uniform Commercial Code 2: to become bankrupt or… …   Law dictionary

  • fail — /feɪl / (say fayl) verb (i) 1. to come short or be wanting in action, detail, or result; disappoint or prove lacking in what is attempted, expected, desired, or approved. 2. to be or become deficient or lacking; fall short; be insufficient or… …  

  • default — de·fault /di fȯlt, dē ˌfȯlt/ n [Anglo French defalte defaute lack, fault, failure to answer a summons, from defaillir to be lacking, fail, from de , intensive prefix + faillir to fail] 1: failure to do something required by duty (as under a… …   Law dictionary

  • default — /di fawlt /, n. 1. failure to act; inaction or neglect: They lost their best client by sheer default. 2. failure to meet financial obligations. 3. Law. failure to perform an act or obligation legally required, esp. to appear in court or to plead… …   Universalium

  • Vitol SA v. Norelf Ltd — or The Santa Clara) [1996] A.C. 800; [1996] 3 W.L.R. 105; [1996] 3 All E.R. 193, is an English contract law case about the effect of non performance in accepting a contracting partner s repudiatory breach of contract.FactsNorelf Ltd contracted to …   Wikipedia

  • breach — / brēch/ n 1 a: a violation in the performance of or a failure to perform an obligation created by a promise, duty, or law without excuse or justification breach of duty: a breach of a duty esp. by a fiduciary (as an agent or corporate officer)… …   Law dictionary

  • Corporate law in Vietnam — Vietnamese corporate law was based on the French commercial law system. However, since Vietnam s independence in 1945, it has largely been influenced by the ruling Communist Party. Currently, the main sources of Corporate Law are the Law on… …   Wikipedia

  • default — /dəˈfɔlt / (say duh fawlt) noun 1. failure to act; neglect. 2. failure to meet financial obligations. 3. Law failure to perform an act or obligation legally required, especially to appear in court or to plead at a time assigned. 4. failure to… …  

  • Malfeasance — The expressions misfeasance and nonfeasance, and occasionally malfeasance, are used in English law with reference to the discharge of public obligations existing by common law, custom or statute.Definition and relevant rules of lawMisfeasance is… …   Wikipedia

  • International Court of Justice — ICJ redirects here. For the commission, see International Commission of Jurists. World Court redirects here. For other uses, see World Court (disambiguation). Not to be confused with the International Criminal Court. International Court of… …   Wikipedia

  • default — de•fault [[t]dɪˈfɔlt[/t]] n. 1) cvb failure to act; inaction or neglect: They lost their best client by default[/ex] 2) failure to meet financial obligations 3) law failure to comply with a legal obligation 4) spo Sports. failure to appear for or …   From formal English to slang

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