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Colombian Trade Code: Arbitration Repeal 1989 | Althox

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The Colombian Trade Code, established by Decree 410 of 1971, stands as a foundational pillar of commercial law in Colombia. This comprehensive legal framework governs a wide array of commercial activities, from contracts and companies to maritime law and intellectual property. Within its extensive structure, Book Six was dedicated to Procedures, and Part III specifically addressed Arbitration, outlining the mechanisms for resolving commercial disputes outside of traditional judicial courts. However, the legal landscape is dynamic, constantly evolving to meet new societal and economic demands. This dynamism is evident in the history of the Colombian Trade Code's arbitration provisions. Specifically, Sections 2011 through 2025, which initially constituted the core of arbitration regulation within the 1971 Code, underwent a significant transformation. These sections were entirely repealed by Extraordinary Decree 2279 of 1989, Article 55, marking a pivotal moment in the development ...

Colombian Commercial Code: Sale of Goods, Articles 911-919 | Althox

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The Colombian Commercial Code, specifically Decree 410 of 1971, stands as a foundational pillar of commercial law within the nation. This extensive legal framework governs a myriad of commercial activities, ensuring clarity, fairness, and enforceability in transactions. Book IV, dedicated to Contracts and Corporate Obligations, is particularly crucial, as it delineates the rights and duties of parties involved in commercial agreements. Within this book, Part II focuses on Sale and Swap contracts, two of the most common and vital commercial operations. Chapter II, titled "The Thing Sold," delves into the specific characteristics, conditions, and legal implications pertaining to the object of a sales contract. Understanding these articles is paramount for any entity or individual engaging in commercial transactions in Colombia, as they define the very essence of what is being exchanged and under what terms. A stylized representation of the Colombian Commercial Code, high...

Colombian Commercial Code: Seller's Obligations (Arts 922-942) | Althox

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The Colombian Commercial Code, established by Decree 410 of 1971, serves as the foundational legal framework governing commercial activities within Colombia. Book IV, specifically Part II concerning Sale and Swap, delves into the intricate details of contractual relationships, outlining the rights and obligations of parties involved. Chapter IV, spanning Articles 922 to 942, is particularly crucial as it meticulously defines the obligations incumbent upon the seller in a commercial transaction. Understanding these provisions is essential for businesses and individuals engaged in commerce, ensuring legal compliance and protecting interests. This comprehensive guide will explore each article within this chapter, providing a detailed analysis of the seller's responsibilities, from the tradition of domain and methods of delivery to warranties, latent defects, and the legal remedies available in case of non-compliance. We aim to offer clarity on these vital legal stipulations. Ta...