This paper provides, in comparative perspective, an overview of the various doctrines available under Italian contract law in order to react to the change of circumstances resulting from financial hardship. In particular, it focuses on the doctrines of impossibility, supervening excessive onerousness of performance and failure of presupposed conditions.
"All Roads Lead to Rome": The Multiple Grounds under Italian Law to Challenge a Contract Due to Supervening Changes of Circumstances
TORSELLO, Marco
2016-01-01
Abstract
This paper provides, in comparative perspective, an overview of the various doctrines available under Italian contract law in order to react to the change of circumstances resulting from financial hardship. In particular, it focuses on the doctrines of impossibility, supervening excessive onerousness of performance and failure of presupposed conditions.
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