Practical issues of accepting the obligation to compensate for losses

UDC 368.025.8

Authors

Kashin A. A.,
lawyer

Abstract

The article analyzes the contractual practice of applying Article 406.1. of the Civil Code (compensation for losses). Attention is paid to the de-pendence of the degree of risk of the occurrence of a loss compensation event on the actions or omissions of the beneficiary (the recipient of the loss compen-sation guarantee) and the ways of protecting the interests of the guarantor of loss compensation from the considered risk factors are proposed.

Keywords

contractual practice, the Civil Code of the Russian Federation, compensation for losses, beneficiary, compensation for losses.