Recession, changed circumstances, and renegotiations: the inadequacy of principle in English law

Abstract

This article analyses and critiques English law’s response to the enforceability of renegotiations of terms of existing contracts in the light of dramatic changes in circumstances, such as an economic recession. The article exposes English law’s difficulties and inadequacies in developing clear principles governing renegotiations, and suggests possible solutions.

Divisions: College of Business and Social Sciences > Aston Law School
Additional Information: This is a pre-copyedited, author-produced version of an article accepted for publication in the Journal of Business Law following peer review. The definitive published version is available online on Westlaw UK or from Thomson Reuters DocDel service.
Publication ISSN: 0021-9460
Last Modified: 21 Nov 2024 08:08
Date Deposited: 19 Dec 2017 09:55
Full Text Link:
Related URLs: https://uk.west ... w/FullText.html (Publisher URL)
PURE Output Type: Article
Published Date: 2018-07-01
Accepted Date: 2017-12-18
Authors: Shaw-Mellors, Adam (ORCID Profile 0000-0001-5119-1191)
Poole, Jill

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