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Assumption of the Risk United Kingdom

Dechert LLP

Not Everyone Finds Brexit Frustrating

Dechert LLP on

The English High Court has ruled that Brexit cannot be used as a reason to terminate a contract on the grounds of frustration. While the judgment concerned the effects of Brexit on a commercial lease, it reaches further than...more

White & Case LLP

Frustrated by Brexit? Too high a hurdle to overcome for the EMA

White & Case LLP on

One of the multitude of uncertainties currently facing commercial parties potentially affected by Brexit is the effect on their existing commercial contracts, specifically whether the new circumstances of Brexit provide a...more

King & Spalding

Consequential Loss in Energy Commodity Contracts

King & Spalding on

Energy commodity contracts can be of significant monetary value, and their breach may expose the defaulting counterparty to significant liabilities for contractual damages. In considering potential liabilities, contracting...more

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