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  Damages for breach of contract by one party consist of a sum equal to the loss, including loss of profit, suffered by the other party as a consequence of the breach. Such damages may not exceed the loss which the party in breach foresaw or ought to have foreseen at the time of the conclusion of the contract, in the lights of the facts and matters of which he then knew or ought to have known, as a possible consequence of the breach of contract.


Issues       
# Cases
 1 Right to claim damages
32
  1.1 Losses suffered due to breach
Country # Cases  
Arbitral Award 6  
Argentina 1  
Australia 4  
Austria 2  
Belgium 5  
Denmark 1  
Egypt 1  
Finland 2  
France 4  
Germany 15  
Netherlands 2  
Russian Federation 3  
Spain 2  
Switzerland 9  
Date Court
01.09.1994 Kantonsgericht Zug
15.12.1994 Kantonsgericht Zug
26.04.1995 Handelsgericht Zürich
10.07.1996 Handelsgericht des Kantons Zürich
05.02.1997 Handelsgericht Zürich
20.02.1997 Bezirksgericht der Saane
26.09.1997 Handelsgericht Aargau
28.10.1998 Schweizerisches Bundesgericht
25.02.1999 Kantonsgericht des Kantons Zug
USA 6  
Republic of Korea 2  
Belarus 1  
Poland 2  
68
   1.1.1 Lost profits
33
   1.1.2 Devaluation of currency
7
   1.2.3 Costs for legal assistance
8
 2 Limitations
2
  2.1 Unforeseeable losses
16
  2.2 Mitigable losses
2
 3 Burden of proof
4
 4 Penalty and liquidated damages clauses
7
  4.1 Validity determined by (applicable) domestic law
4
 5 Contractual agreements to limit damages
3
  5.1 Validity determined by (applicable) domestic law
 6 Place of payment of damages
1
Total: 142


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