Civil & Commercial Litigation
Limitation Period
The limitation period attaches effects to the passage of time. Nature of the right, due date, and acts guide the calculation of the period.
Lexicon
Civil & Commercial Litigation
Formal Notice
The formal notice is a request addressed to a person to perform an obligation that has become due. It must allow understanding what is requested and preserving proof of the procedure.
Its forms and effects depend on the law, the contract, and the debt. It may notably intervene in the calculation of interest or the continuation of litigation. A simple reminder, even registered, should not be assumed to automatically interrupt the limitation period.
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