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ARTICLE · 17 MAY 2023

The Imprévision Mechanism: French Courts Addressing The Unforeseeable – Lir, Mars 2023

External unforeseen events may have significant consequences on a contract's performance.

FranceCoronavirus (COVID-19)

External unforeseen events may have significant consequences on a contract's performance. Recent examples of those unexpected circumstances are thesuccessive crises the world has experienced in the past 3 years. From Covid-19 pandemic to the Ukraine's war, these circumstances have had a global economic impact, leading to the unexpected surge of prices and inflation.

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