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1 The Lawyer Quarterly

1 2021

1 Świerczek A.

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Comparison of the regulation of contractual penalties and related questions in the Czech and Polish legal orders

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Świerczek A.

The Lawyer Quarterly

2021

tom 11

nr 3

428-439

This article deals with the presentation of the contractual penalty concept which is regulated in the Czech as well as Polish Civil Code. Then the two are compared, namely their individual aspects, in regard to the aforementioned measure within both legal systems. The first part primarily focuses on the interpretation of the content of measures of contractual penalty and the identification of elementary differences. What follows is the analysis of the functions of contractual penalties, again with emphasis on the comparison of the function of the Czech and Polish contractual penalties. The next part deals with the relationship of the contractual penalty with damages. This stage then deals with to what extent the contractual latitude may be applied in the Polish legal system when setting up the contractual conditions for the application of contractual penalty as well as the compensation of damages resulting from violation of obligation. In conclusion there are presented measures similar to contractual penalty such as penalties and interest on late payments, especially from the Polish legal code’s point of view.