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Not positive whether or not your scenario is one our law firm may help with? Not an issue- whether it is outdoors of our areas of expertise, we will make every effort to attach you with a trusted referral who might help. Applying existing widespread legislation doctrines like mutual mistake or impracticability to LIBOR cases will show daunting. In resolving the difficult questions that will emerge if and when parties that fail to renegotiate their contracts attain the courthouse steps, judges ought to contemplate two basic policies of contract legislation. It is comparatively straightforward to border the issue in terms familiar to most judges.
Limitations On Raoult’s Law
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Presumably, a judge might merely plug in â€œLIBORâ€ for X, and remedy. However, the limitations inherent in these widespread legislation doctrines may render them unwieldy tools for judges to use to LIBOR cases. See how Clio might help your regulation firm … Read More