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The particular power of termination for convenience clauses

The wake of the Covid-19 pandemic and resulting government restrictions had a dramatic impact on contractual operations around the world, causing many parties to consider whether it was possible to undo bargains which had become uneconomic or redundant. While some parties turned to force majeure provisions or sought to rely on the doctrine of frustration, the English Commercial Court's recent decision in Optimares SpA v Qatar Airways [2022] EWHC 2461 (Comm) demonstrates the particular power and utility of a termination for convenience clause.

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