Frustration Flashcards
Taylor v Caldwell
Created frustration, neither parties fault, contract ended.
Force Majure clauses
Can put in contracts to cover for any “extraordinary events”, but can still get frustration without it.
Taylor v Caldwell (impossibility)
Subject matter is destroyed so cannot perform contract.
Jackson
Subject matter becomes unavailable e.g boat gets stuck.
Tsakiroglou
Link to Jackson, more challenging / expensive circumstances are not the same as unavailable
Condor v Barron Knights
Link to Jackson. Medical condition made him unavailable.
Denny v James foster
Law changes makes it illegal to perform a contract.
Krell v Henry
Change in circumstance made contract pointless
Davis v Fareham
Link to Krell v Henry. Only more difficult is not the same as pointless.
Amalgamated investment property
Foreseeable events are a limit to frustration.
Super-servant two
Self-induced frustration is not frustration as it is their “fault”.
Law reform act 1943
Changed the “lay it where it lands” rule.
S1(2) LRA
Money payed before frustration is recoverable, money due to be paid is no longer.
S1(3) LRA
If no payments made but a party partially performed, money is to be awarded. (Gamerco)