FBK Legal Delivers Webinar on Supply Contracts
On 25 March, Elizaveta Kapustina delivered a webinar dedicated to supply contracts, their execution and judicial defence under sanctions.
The lawyer clarified which situations were qualified as force majeure and whether sanctions were recognised as force majeure, explained how to apply force majeure clauses and which benefits were granted by declaration of force majeure with respect to supply contracts, and analysed cases when sanctions had been recognised as force majeure. Elizaveta gave her opinion on repudiation of supply contracts in the event of breaches and significant changes in circumstances as a basis for contract termination or modification.