May 6, 2021
Temporary or Partial Impracticability and Frustration of Purpose and Pandemic Affected Contracts and Leases
The Restatement 2d of Contracts, adopted in 1981, added concepts of temporary and partial impracticability and also restitution or reliance damages to ameliorate loss. While traditional application of such doctrines would lead to a finding that the contract automatically terminates, other cases state that if the frustration or impracticability is... read more