18/02/2022
New article published!
Should Brexit and the COVID-19 pandemic constitute frustration of purpose events in commercial contracts?
The question has created a great deal of uncertainty among commercial law scholars and practitioners. In “Frustration of Purpose, Brexit, the COVID-19 Pandemic and Commercial Contracts”, a possible way forward is presented by Mitja Kovac, professor of civil and commercial law at the University of Ljubljana School of Economics and Business, and Paul Albrecht, researcher at the Rotterdam Institute of Law and Economics.
The authors offer an economically informed conceptual framework for improved legal intervention, arguing that unforeseen contingencies should be seen as a matter of 'ex post' risk sharing.
Read “Frustration of purpose” on https://journals.aau.dk/index.php/NJCL/article/view/7126.
Frustration of Purpose, Brexit, the COVID-19 Pandemic and Commercial Contracts Authors Mitja Kovač Paul Albrecht DOI: https://doi.org/10.5278/ojs.njcl.vi1.7126 Abstract Lawyers and commercial contracting have been stressed by extraordinary uncertainty over the past four years. Brexit and the Covid-...