Unilateral Termination of Contractual Relations and Its Consequences under the Civil Code of the Russian Federation

A number of new solutions and approaches were introduced to civil legislation in 1994 relating to regulation of property turnover and its contractual segment. Without prejudice to broad party autonomy of stipulating changes in favor of damages recovery claims in their rights it was provided as a general rule that status of obligations should follow that of contracts producing them unless otherwise is set force by law or contracts. The purpose of such innovation was to avoid application to the extent possible of restitution. In his work the author analyses pluses and minuses of such paradigma and presents his recommendations.