Laesio enormis is a concept that has stood the test of time, being found in a plurality of legal sources. Laesio enormis comes into the picture to solve the problem of inequality of contractual exchange by protecting the vulnerable party to a contract, with remedies based on the principles of judicial discretion, equity, and contractual justice, to equalize the unbalanced scales. Even though laesio enormis has existed as a concept since the Roman Empire, with the modernization of contract theory and newly arisen problems, judicial and legislative bodies have taken this ancient institution to another level. This presentation aims to examine the transformation of laesio enormis from the Roman Empire to the 21st Century and how it should continue to evolve, with a comparative analysis.
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Please note that IECL discussion group meetings are normally open only to researchers affiliated with the IECL or members of the Oxford Law Faculty. If you have a special interest in one of the topics being discussed and would like to request being admitted to the event as an outside guest attendee, please get in touch with Professor Birke Häcker in advance of the meeting.