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Journal : Uti Possidetis: Journal of International Law

 1 
The Hell-or-High-Water Clause in Aircraft Leasing Contract: UNIDROIT Principles and the Indonesian Civil Code Karami, Ahmad Adib; Amalia, Prita; Trisnamansyah, Purnama
Uti Possidetis: Journal of International Law Vol 5 No 3 (2024): Oktober
Publisher : Faculty of Law, Universitas Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22437/up.v5i3.36151

Abstract

This research analyses the hell-or-high-water clause in aircraft leasing contracts in the context of the principle of freedom of contract. Focusing on the review of the principle of freedom of contract based on UNIDROIT Principles of International Commercial Contract (UPICC) 2016 and Indonesian Civil Code,  this research uses normative juridical method with analytical descriptive approach. The findings show that the hell-or-high-water clause has a high binding force, providing legal certainty, especially for the lessor. However, its application must be in line with the principle of freedom of contract regulated in UPICC 2016 and the Civil Code. The application of this clause is suggested to consider three limitations stipulated by the UPICC 2016: first, the principle of freedom of contract that allows businesses to choose partners and transaction terms; second, the exclusion of certain sectors in the public interest by the state; and third, mandatory rules that limit the content of the contract. Therefore, the hell-or-high-water clause should be applied with due regard to the implementation of the principle of freedom of contract as well as national law or the existence of compelling national regulations.
Co-Authors Alya Rahmayani Amelia Sundari Waliyani An An Chandrawulan An An Chandrawulan An-An Chandrawulan An-An Chandrawulan Anan Chandrawulan Anita Afriana Arumadanti Poerwanto Dandrivanto Budhijanto Dena Zahra Aulia Denisa Sugih Ayu Dewi Kania Sugiharti Divanadia, Dessandra Etty Mulyati Fakhri, Muhammad Ibnu Fauzi Maulana Hakim Helitha Novianty Muchtar Hilmansyah, Salma Syifaya Holyness N Singadimedja Huala Adolf Inzaghi, Rafly Nauval Isis Ikhwansyah Isis Ikhwansyah Isis Ikhwansyah Isis Ikhwansyah Karami, Ahmad Adib Misridaputri*, Syifa Salsabila Nadhilah Mustika Owen, Patrick Prita Amalia Prita Amalia, Prita Pupung Faisal Purba, Tesalonika Putri Pinuram Rambe Quinnashya Pradipta Early Folanda Rahmat, Rizka Raniah Rezkyna, Nabilah Rizka Raniah Rahmat Salfia Putri Sakina Sheehan Ariel Mohammed Gaffar Sinta Dewi Sinta Dewi Rosadi, Sinta Dewi Stephen Wongso Syifa Salsabila Misridaputri* Tamara Sulistio, Chealse Yani Pujiwati Yusuf Saepul Zamil