The new 3rd edition of Frustration and Force Majeure provides a thorough examination of the principles governing the conflict between the sanctity of contract and the discharge of contractual obligations in response to supervening events.
It guides practitioners through a list of supervening events that may be encountered in any commercial transaction, setting out the statutory principles involved, and discussing their interpretation by the courts in a number of common law jurisdictions.
- Discusses in detail the development of the doctrine of frustration within the law of contract
- Examines impossibility, impracticability, prospective frustration and illegality as grounds for discharge from contractual obligations
- Considers the special factors affecting land and leases
- Considers the effects of frustration, including automatic and total discharge, mitigation in respect of discharge, and problems created by one-sided or partial performance
- Discusses contractual provision for supervening events, including force majeure clauses
- Explores recent case law in detail, highlighting developments in judicial thinking
Table of Contents:
- Introduction
- Development
- Impossibility in general: destruction of subject matter
- Other types of impossibility
- Partial and temporary impossibility
- Impracticability
- Frustration of purpose
- Illegality
- Prospective frustration
- Alternatives
- Frustration of leases
- Contractual provisions for supervening events
- Foreseen and foreseeable events
- Self-induced frustration
- Effects of frustration
- Nature of the doctrine