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R. EMERJ, Rio de Janeiro, v. 20, n. 79, p. 348 - 376, Maio/Agosto 2017

349

Outline

I. Introduction

II. The Civil-Law Tradition

III. Codification

IV. Contractual Intent and Third-Party Agreements:

Peruvian and Latin American Perspectives

A. Overview

B. Intent of the Contractual Parties

C. Third-Party Contracts

D. Recapitulation

V. Retroactivity and Punitive Damages in Ecuador

and Latin America

A. For Starters

B. Retroactive Application of Laws: Point and Counterpoint

C. Keeping Civil Punishment in Check

D. Wrap-Up

VI. Conclusion

I. Introduction

The civil-law system shows its true face in Latin America. Certainly, it

sees its blurry contours grow in blurriness as it travels from the Continental

European core to the Latin American periphery. Nevertheless, many of the

principal institutions have found a home and thrived in the new and radically

different environment. In fact, one can best study them, in their modern

globalized form, there, by contemplating how they have preserved their most

basic features despite having transformed themselves into something else.

To a great extent, this legal development mirrors its linguistic

counterpart. The Spanish and Portuguese languages underwent a similarly

dramatic transformation upon crossing the Atlantic Ocean. As currently

internationalized, they exist most clearly and call for examination as they

have developed in the New World.