Restatement of Nordic Contract Law is a presentation of the fundamental rules and principles of Nordic Contract law, comprising the contract laws of Denmark, Finland, Iceland, Norway and Sweden. While the Nordic countries do not have a common body of contract law, rules are quite similar. Many contract law rules are undisputed but unwritten, and the authors of this book have formulated black letter rules. Each black letter rule is accompanied by comments. The comments are thorough in explaining the background of the rules, their application and consequences, often citing court cases and giving examples.
The book is divided into ten chapters: General Principles, Formation of Contract, Representation, Invalidity, Interpretation, Contract Content, Performance, Breach and Remedies, Direct Claims and Assignment of Claims.
The book is a practical tool in law practice, as it provides non-Nordic lawyers with an overview of contract law in the Nordic countries.
The authors are law school professors at universities in the Nordic countries, all specializing in contract law. The editorial board is presided by Professor Ole Lando, head of the commission of Principles of European Contract Law (the ”Lando commission”, PECL)