Given the current volatility that impacts prices and jeopardizes the performance of contracts, questions arise as to their economic balance and the terms of contractual review.
Is it possible for one of the parties, whether public or private, to request a revision of the contract or the price? Is the co-contracting party forced to accept? What about the legal means to protect yourself in the event of economic turbulence?
Find the analysis of our partner, Iliass Segame, in terms of contractual review in the presence of uncertain economic circumstances in common law as well as in the context of Public Private Partnerships via the link below: