Liability Law for Failed Contract Negotiations

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Liability Law for Failed Contract Negotiations is written by Tom Hick and published by Taylor & Francis. It's available with International Standard Book Number or ISBN identification 1040408745 (ISBN 10) and 9781040408742 (ISBN 13).

This book provides the European structure of liability for failed contract negotiations through a comparative lens, with wider lessons for an international context. The book demonstrates that all the analyzed legal systems, in Belgium, France, Germany, Italy, and the Netherlands, can be best understood through a binary structure in their approach to pre-contractual liability, or culpa in contrahendo. This structure consists of two key elements: first, a general liability framework that allows for compensation of pure economic loss based on certain qualified conduct, such as negligence; and second, an implicit obligation to contract, which, though not explicitly recognized, is presumed in most systems. The book argues that this dual framework provides valuable insights into ongoing scholarly debates and the challenges practitioners face in cases of failed contract negotiations. Drawing on these insights, it proposes a more effective approach to the obligation to contract: one that encourages parties to collaborate in reaching an agreement voluntarily rather than imposing one upon them. This book will be of interest to researchers in the field of comparative contract and tort law, European private law, and private law theory.