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Law-Now 23 May 2024 · United Kingdom

Oil, gas and commodities: Supreme Court overturns Court of Appeal on force majeure

1 min read
On 15 May 2024, the Supreme Court unanimously overturned the Court of Appeal’s decision that a ‘reasonable endeavours’ obligation in a force majeure clause could require a party to accept alternative, or non-contractual, performance.The Supreme Court clarified...

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