The recent increases of prices in raw materials and the cost of electricity and gas have been the focus of academic opinion and case law on the issue of the unforeseeable economic imbalance in contracts which provide for performance over a period of time (“enduring contracts”).Indeed, it is evident that such enormous increases in production costs have a significant impact on existing contractual relationships and require the adoption of solutions with regard to those contracts that have become excessively onerous.
As an introduction on the contractual consequences of these increases, find here a focus on the aspects of greatest interest. We will shortly publish an in-depth analysis on the subject.
