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What is Unconstitutionality of Moratorium Laws about?

This document summarizes a court case regarding the constitutionality of a moratorium law that suspended the enforcement of pre-war debts for 8 years. It finds that: 1) While moratorium laws have historically been found constitutional, the suspension period must be definite and reasonable to avoid violating contracts. 2) An 8-year suspension of debts from 1945 would effectively delay creditors from collecting for 12 years, which is unreasonable and oppressive. 3) The moratorium law and related executiv

Author

Jenica Anne Dalaodao

Language

EN