Banking Litigation Notes

Supreme Court finds no obligation on party seeking to rely on force majeure clause to accept counterparty’s offer of non-contractual performance

Implications of sanctions against Russia on banking disputes in the UK

Force majeure: general assertions as to impact of Covid-19 and Brexit not sufficient to defeat summary judgment application

Court of Appeal finds party was required to accept non-contractual performance in exercising reasonable endeavours to “overcome” force majeure event

Party entitled to rely on force majeure clause where counterparty’s parent company became subject to US sanctions

Court of Appeal confirms buyer entitled to repayment of advance where seller failed to deliver due to force majeure

High Court considers implied terms and “failure of basis” in context of COVID-19 pandemic

High Court considers operation of force majeure clause in context of COVID-19 pandemic

Commercial Court considers impact of force majeure clause on repayment obligation in sale of goods contract

In a decision earlier this year, the Commercial Court considered the impact of a force majeure clause on a repayment obligation in a contract for the …

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