Effectiveness of Termination Without Notice.
By Cooperate Legal Services, Ltd.
Termination constitutes a method for ending long-term contracts, requiring no justifying motive, through which one party communicates to the other their will to extinguish the contractual bond. Legally, it is a receptive unilateral declaration under the terms provided in Article 224 of the Civil Code, the exercise of which corresponds to a power of entitlement held by the declaring party.
Since termination dispenses with the invocation of just cause, its lawful exercise generally depends on the observation of a notice period. Under normal circumstances, the effects of extinguishing the contractual relationship are projected to the end of the period legally or conventionally established for the minimum notice.
Consequently, the pertinent question arises as to the legal consequences of termination carried out in disregard of this notice period. The answer will vary depending on the nature of the legal relationship and the method of exercising the termination...continued in the PDF...
Receive the full article: Effectiveness of Termination Without Notice.
Cooperate Legal Services thanks you for your interest. The document is available for consultation.

