Full Description
This fifth volume in the acclaimed Studies in the Contract Laws of Asia series offers a comprehensive comparative analysis of contract termination and change of circumstances across thirteen key Asian jurisdictions: China, India, Japan, Hong Kong, Taiwan, South Korea, Singapore, Malaysia, Myanmar, Vietnam, Thailand, the Philippines, and Indonesia.
Drawing on four major legal traditions-Napoleonic, German, common law, and the Indian Contracts Act-the volume explores how these Asian systems handle core issues such as withholding performance, termination for breach, impossibility, and adaptation of contracts under unforeseen hardship. While many jurisdictions converge on basic principles, striking differences emerge in how they allocate risk and define fairness, particularly in response to changing circumstances.
From Indonesia's requirement of judicial termination to China's unique approach to court-led contract adaptation, this volume reveals the deep influence of historical legal traditions and modern innovations on current commercial practice. It highlights both the complexity and richness of Asian contract laws, offering valuable insights for scholars, practitioners, and policymakers seeking to understand or harmonize legal approaches in a rapidly evolving economic region.
Contents
1: Mindy CHEN-WISHART, Dora NEO, and Stefan VOGENAUER: Introduction 2: Andrew PHANG: On Comparative Analysis as well as Ending and Changing Contracts CHINA: CHANGING CIRCUMSTANCES 3: WANG Lei: Change of Circumstances in China's Civil Legislation and Judicial Practice CHINA: ENDING CONTRACTS 4: Lei CHEN and Zhicheng WU: Termination of Contract in Chinese Law HONG KONG: CHANGING CIRCUMSTANCES 5: Stephen HALL: Contract Terms in Hong Kong: Changed Circumstances and Variation HONG KONG: ENDING CONTRACTS 6: Kelvin FK LOW: Termination of Contracts in Hong Kong INDIA: CHANGING CIRCUMSTANCES 7: Chitra NARAYAN and R Yashod VARDHAN: Changes in Circumstances and their Impact on Contractual Obligations in India INDIA: ENDING CONTRACTS 8: R Yashod VARDHAN and Chitra NARAYAN: Discharge of Performance and Termination of Contracts in India INDONESIA: CHANGING CIRCUMSTANCES 9: Gary F BELL: Change of Circumstances in the Indonesian Law of Obligations INDONESIA: ENDING CONTRACTS 10: HERLIANA: Termination of Contracts under Indonesian Law JAPAN: CHANGING CIRCUMSTANCES 11: Eriko TAOKA: Ending and Changing Performance under Japanese Law JAPAN: ENDING CONTRACTS 12: Akira KAMO: Termination of Contracts under Japanese Law KOREA: CHANGING CIRCUMSTANCES 13: KWON Youngjoon: Change of Circumstances: Korea KOREA: ENDING CONTRACTS 14: AHN Tae-Yong: Termination under Korean Law MALAYSIA: CHANGING CIRCUMSTANCES 15: Yin Harn LEE and May Fong CHEONG: Change of Circumstances: The Position under Malaysian Contract Law MALAYSIA: ENDING CONTRACTS 16: May Fong CHEONG and Yin Harn LEE: Termination of Contracts: The Position under Malaysian Contract Law MYANMAR: CHANGING CIRCUMSTANCES AND ENDING CONTRACTS 17: Adrian BRIGGS: Myanmar: Change of Circumstances and Termination of Contract for Breach PHILIPPINES: CHANGING CIRCUMSTANCES 18: Ma. Ngina Teresa CHAN-GONZAGA: Revision of Contracts in the Philippines: The Ramifications of a Change of Circumstances PHILIPPINES: ENDING CONTRACTS 19: Michael Anthony C DIZON: Rescission of Contracts in the Philippines: Ending Performance and Extinguishing Obligations SINGAPORE: CHANGING CIRCUMSTANCES 20: Dora NEO: Contractual Obligations and Change of Circumstances in Singapore SINGAPORE: ENDING CONTRACTS 21: Chee Ho THAM: Termination under Singapore Law TAIWAN: CHANGING CIRCUMSTANCES 22: Tsung-fu CHEN: The Doctrine of Change of Circumstances in Taiwanese Law TAIWAN: ENDING CONTRACTS 23: Sheng-Lin JAN: Termination and Rescission under Taiwanese Contract Law THAILAND: CHANGING CIRCUMSTANCES 24: Munin PONGSAPAN: A Change of Circumstances in Thai Law THAILAND: ENDING CONTRACTS 25: Nadnaphas LEAKPECH: Termination of Contracts in Thai Law VIETNAM: CHANGING CIRCUMSTANCES 26: DO Giang Nam: Change of Circumstances under Vietnamese Contract Law VIETNAM: ENDING CONTRACTS 27: TRAN Kien: Termination of Contracts under Vietnamese Law 28: Hugh BEALE: Ending Contracts and Changing Circumstances in Asia: Comparative Conclusions
