Statutory Amendment Retroactivity and Vested Contractual Rights
Synthèse Legislator
Généré par l'IAThe litigant sought a ruling on whether a particular statutory amendment applied retroactively to a previously established agreement regarding the division of settlement proceeds, specifically challenging a lower court's application of the amendment. The court reasoned that the statutory amendment, which altered the method of calculating the entitlement share, could not be applied retroactively to the agreement executed before the amendment's effective date, as this would impair the vested contractual rights established under the prior law, concluding that the original agreement remained governed by the statute in effect at the time of its formation.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF; Statutory Amendment Retroactivity and Vested Contractual Rights: The court reasoned that the statutory amendment, which altered the method of calculating the entitlement share, could not be applied retroactively to the agreement executed before the amendment's effective date, as this would impair the vested contractual rights established under the prior law, concluding that the original agreement remained governed by the statute in effect at the time of its formation.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IACited in the dispositive for ordering the appellant to pay the costs of the appeal proceedings.
Texte complet
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