Contracts: Breaking up is never easy...

EVENT CLOSED

11 February 2020
9.00am until 10.15am (registration & breakfast from 8.30am)
Lewis Silkin LLP, 5 Chancery Lane, London, EC4A 1BL
Entry: Free

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In spite of the UK Government now enjoying a clear majority - and an appetite to “get Brexit done” - it remains unclear how our departure from the EU will unfold. In the face of uncertainty, prudent businesses are assessing contracts, their cost base and exposure to currency fluctuations. As part of such a review, the well-prepared need to develop exit strategies where arrangements have become, or will become, unprofitable.

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In this seminar Mark Lim and Fraser McKeating will explore strategies for terminating contracts, how to operate contractual provisions and the risks arising when you get it wrong. Our session will provide a practical summary, focusing on best practice. We will cover:

A review of standard contractual rights to terminate (and how to operate provisions)
How to determine whether a breach is material or repudiatory
Remediable breaches
Terminating open-ended contracts
Counterparty insolvency
Terminating in the absence of a contractual entitlement to do so

This event is aimed at in-house lawyers, contract managers and others who are involved in avoiding or handling contractual risk.

The event is free, but places are limited. If you or a colleague would like to register your interest in attending, please use the button above. If you have any questions, please contact our events team.

We look forward to seeing you!