Art. 74 CISG
Damages for breach of contract by one party consist of a sum equal to the loss, including loss of profit, suffered by the other party as a consequence of the breach. Such damages may not exceed the loss which the party in breach foresaw or ought to have foreseen at the time of the conclusion of the contract, in the light of the facts and matters of which he then knew or ought to have known, as a possible consequence of the breach of contract.
The Secretariat Commentary on Art. 70 of the 1978 New York Draft, predecessor to Art. 74 CISG, gives insight into the drafters' unterstanding on the eve of the 1980 Vienna Diplomatic Conference.
CISG-AC Opinion regarding Art. 74 CISG
Overview of case law on Art. 74 CISG: UNCITRAL Digest
The UNCITRAL Digest on the CISG can be used as a starting point to discover the relevant case law on this article.