[For more current case annotated texts by this author, see Bernstein & Lookofsky, Understanding the CISG in Europe, 2d ed. (2003) and Lookofsky, Understanding the CISG in the USA, 2d ed. (2004).]
excerpt from
Joseph Lookofsky
248. Under some domestic rules, a party may not recover damages for delayed payment without first having made a formal demand (mise en demeure ).[1] There is no corresponding principle in the CISG. In fact, the buyer must pay the price on the date fixed or determinable from the contract and this Convention without the need for any request or compliance with any formality on the part of the seller.[2]
Pace Law School
Institute of International Commercial Law - Last updated April 5, 2005