‘Brexit is not frustrating: Canary Wharf v European Medicines Agency

“… Citing Regulation 2018/1718, EMA relocated its London office to Amsterdam and wrote to Canary Wharf, informing them that it would treat Brexit as a frustration of the lease. Aggrieved by this decision, Canary Wharf sought a High Court declaration that the lease would not be frustrated by Brexit. Why does this case matter to the construction industry? Because it concerns a decision on the rarely used doctrine of frustration, and the judgment contains a very useful summary of the principles of frustration that are equally applicable to construction contracts …” (more)

[Brenna Conroy, Thomson Reuters Construction Law Blog, 27 March]

First posted 2019-03-27 14:47:08

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