In our blog and podcast series "The essentials of Swiss contract law", Christian Oetiker, Selim Keller and Pascal Burgunder of our Litigation and Arbitration team give a short and compact overview on the essential elements of Swiss contract law.

In the fourth part, Christian Oetiker, in conversation with Mairi Weder-Gilles, explains the purpose of contractual penalties, their enforceability, and the determination of penalty amounts. He provides an overview of the relevant legal principles and considerations for parties entering into contracts governed by Swiss law involving contractual penalties.