ABSTRACT

This chapter is concerned with the situation where, following the formation of a valid contract, an event occurs which is not the fault of either party, but which has a significant impact on the obligations contained in the contract. English law will sometimes, but not always, consider that such an event results in the ‘frustration’ of the contract, with the consequence that the parties are partially or wholly relieved from further obligations, and may be able to recover money or property transferred, and compensation for work done prior to the frustrating event.