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07 August 2008
Issue: 7333 / Categories: Case law , Law digest
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Contract

CTI Group Inc v Transclear SA [2008] EWCA Civ 856, [2008] All ER (D) 290 (Jul)

It is essential to the doctrine of frustration that the performance of the contract in the new situation should be fundamentally different from that originally contemplated.

In deciding whether or not that is the case, it is necessary to have regard to the general nature of the contract as well as its specific terms, the context in which it was made, and the contemplation of the parties as to the range of circumstances in which it might come to be performed.

A contract will not necessarily be frustrated simply because performance has become impossible, and it will not be frustrated simply because one party is prevented from performing in the manner originally intended if performance in some other manner is possible.

Issue: 7333 / Categories: Case law , Law digest
printer mail-details

MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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