Art. 81 CISG
(1) Avoidance of the contract releases both parties from their obligations under it, subject to any damages which may be due. Avoidance does not affect any provision of the contract for the settlement of disputes or any other provision of the contract governing the rights and obligations of the parties consequent upon the avoidance of the contract.
(2) A party who has performed the contract either wholly or in part may claim restitution from the other party of whatever the first party has supplied or paid under the contract. If both parties are bound to make restitution, they must do so concurrently.
The Secretariat Commentary on Art. 66 of the 1978 New York Draft, predecessor to Art. 81 CISG, gives insight into the drafters' unterstanding on the eve of the 1980 Vienna Diplomatic Conference.
CISG-AC Opinion regarding Art. 81 CISG
CISG-AC Opinion No. 9 ‘Consequences of Avoidance of the Contract’ (Rapporteur: Michael Bridge), adopted by the CISG Advisory Council following its 12th meeting in Tokyo (Japan) on 15 November 2008
Overview of case law on Art. 81 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.