Corporate case law

Siemens Industrial Turbomachinery A.A. c/ Generación Mediterránea S.A. y otro s/ cancelación (National Commercial Court of Appeals, Chamber C, 13/09/2018)

Discharge and effects of obligations documented within a sophisticated commercial relationship. The Commercial Court of Appeals applied strict evidentiary and good-faith standards characteristic of dealings between sophisticated business parties.

CNCom., Sala C13/09/2018

Case caption

«Siemens Industrial Turbomachinery A.A. c/ Generación Mediterránea S.A. y otro s/ cancelación»

What was at issue

Discharge and effects of obligations documented within a sophisticated commercial relationship.

What was decided

The Commercial Court of Appeals applied strict evidentiary and good-faith standards characteristic of dealings between sophisticated business parties.

Extractable criterion

The Commercial Court of Appeals applied strict evidentiary and good-faith standards characteristic of dealings between sophisticated business parties.
The holding should be read in light of the legal interest protected in the area of commercial obligations, not solely by reference to the documentary form of the act.
Evidence of the specific facts and of their impact on corporate or creditor rights is decisive when applying the precedent’s doctrine to another case.

Citation: CNCom., Sala C, «Siemens Industrial Turbomachinery A.A. c/ Generación Mediterránea S.A. y otro s/ cancelación», 13/09/2018 — Jurisprudencia societaria y comercial

Practical application

It is useful in B2B disputes involving complex technical and financial documentation.

Frequently asked questions

What is the main takeaway from the case?

The Commercial Court of Appeals applied strict evidentiary and good-faith standards characteristic of dealings between sophisticated business parties.

Does the rule apply automatically today?

No. The current statutory framework and the specific facts must be verified. Historical precedents retain doctrinal value, but later reforms may alter how they apply.

What should be proven in similar litigation?

The relevant corporate or commercial documentation, the parties’ conduct, the specific harm, and the facts connecting that harm to the central issue in the case: Discharge and effects of obligations documented within a sophisticated commercial relationship.

Informational commentary on a published ruling; it does not constitute advice nor guarantee an outcome. Application to a case depends on its circumstances.

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