Publication Type
Case note/Digest
Version
publishedVersion
Publication Date
8-2014
Abstract
A “reasonable endeavours” undertaking, and its variants, are common features of commercial contracts. These clauses might be inserted into agreements to balance the interests of the parties where the achievement of the contractual object involves conditions beyond the obligor’s control, for example, the procurement of a third party’s performance. Equally common is the insertion of these clauses into contracts to resolve a negotiation stalemate where one party refuses to promise the absolute achievement of the contractual objective.
Discipline
Commercial Law
Research Areas
Corporate, Finance and Securities Law
Publication
Lloyd's Maritime and Commercial Law Quarterly
Volume
[2014]
Issue
3
First Page
320
Last Page
327
ISSN
0306-2945
Publisher
Lloyds of London Press
Citation
YIP, Man and GOH, Yihan.
Default Standards for Non-absolute Obligation Clauses: KS Energy v BR Energy Electricity Generation v Woodside Energy. (2014). Lloyd's Maritime and Commercial Law Quarterly. [2014], (3), 320-327.
Available at: https://ink.library.smu.edu.sg/sol_research/1383
Copyright Owner and License
Publisher
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://www.i-law.com/ilaw/doc/view.htm?id=345124