Learning targets

Introducing to principles related to payment terms and how to manage insolvency matters.

•    When is payment due?

•    Payment instruments and insolvency matters.

Course content

(14 minutes)

    1. Learning objectives

    1. GISC and the obligation of the buyer to pay at day 1.

    1. Insolvency matters are handled under national laws

    1. Course Quiz

    1. Summery of the course

    2. Download the Slides shown in the course

About this course

  • €40,00
  • 6 lessons
  • 0 hours of video content


Advokat, LL.D Jon Kihlman

Jon Kihlman has been a member of the Swedish Bar Association since 2005. His dissertation Fel (Non-conformity, primarily in goods), was published in 1999. He has an independent legal practice in Tändstickspalatset on Västra Trädgårdsgatan 15 in Stockholm. Jon Kihlman works with Swedish and international commercial contract law. Within that field, his practice includes drafting, reviews, legal opinions, consultations, educations, writing of books and articles as well as litigation and arbitration (as counsel or arbitrator). The purpose of public procurement is to conclude contracts. Therefore, Jon Kihlman’s practice includes public procurement. Although primarily focused on drafting of what will eventually become such contracts, his work also simplifies the procurement process as such. He represents both purchasing authorities and suppliers in court when a procurement process is challenged.

Next step

  • €40,00

    International Sales Law: Remedies for breaches of contract - by Jon Kihlman

    Introducing the buying party's possibilities when supplying part breaches contract. Definition of damage according to CISG and Unidroit principles are presented as well as alternative remedies and limitation of liability. Remedies relating to the object of the contract. i. Performance, repair and re-delivery. ii. Price reduction. iii. Avoidance (termination) of the contract.
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