Loading...

Drafting & Litigating - Force Majeure & Frustration

Drafting & Litigating - Force Majeure & Frustration

Available to view on demand

With a SmartPlan £99

With a Season Ticket £198

Standard price £396

All prices exclude VAT
Level
Update: Requires no prior subject knowledge
CPD
1.25 hours
Viewership
Access for entire organisation

Introduction

The vast majority of commercial contracts contain a force majeure clause, albeit they are often inserted without a great deal of thought in terms of their scope and application.

Arguments about non-performance due to COVID-19 have caused many businesses to re-evaluate their use of these clauses. This webinar summarises the key issues that should be covered and also considers a variety of alternative forms of wording that could be used.

Recent case law will also be discussed with a particular emphasis on cases relating to COVID-19 and cases relating to frustration.

What You Will Learn

This webinar will cover the following:

Force Majeure

  • Defining force majeure events - the less detail the better?
  • Causation requirement
  • Foreseeability and prevention
  • Mitigation obligations
  • Notification requirements
  • Termination - who should be allowed to terminate? Both parties or only the non-affected party?
  • Braganza duty - when will this apply to a force majeure clause?
  • Summary of relevant case law

Frustration

  • Relationship with force majeure clauses
  • Frustration by supervening illegality
  • Frustration of common purpose
  • Partial frustration
  • Summary of relevant case law

This webinar was recorded on 4th November 2022

Preview