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What is new article 1217?

New article 1217 sets out the remedies available to the injured party for breach of contract. These are to refuse to perform or suspend performance of their own obligations, to enforce performance, to reduce the contract price, compensation for loss, and to terminate the contract. There are separate articles in the Civil Code for each remedy.

What are the provisions of Article 1215?

Article 1215. Novation, compensation, confusion or remission of the debt, made by any of the solidary creditors or with any of the solidary debtors, shall extinguish the obligation, without prejudice to the provisions of Article 1219.

What is Article 1221?

Article 1221. If the thing has been lost or if the prestation has become impossible without the fault of the solidary debtors, the obligation shall be extinguished.

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