Law of obligations - Unforeseen circumstances in a contract

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Juris-Dico

Published on Dec 21, 2023
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???? https://aideauxtd.com/academie-droit/... If an unforeseeable change in circumstances at the time of the conclusion of the contract makes the execution excessively onerous for a party that had not agreed to assume the risk, the latter may request a renegotiation of the contract with its co-contractor. It continues to perform its obligations during the renegotiation. In the event of refusal or failure of the renegotiation, the parties may agree to terminate the contract, on the date and under the conditions that they determine, or mutually request the judge to adapt it. In the absence of agreement within a reasonable time, the judge may, at the request of a party, revise the contract or terminate it, on the date and under the conditions that he sets.

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