Remedies for frustration

Question 1

Common law

Answer 1

Chandler v Webster- Released from future obligations, but not from obligations from before the frustrating event

Question 2

Law reform (Frustrated contracts) act 1943 s1(2)

Answer 2

s1(2) Money already paid before is recoverable

s1(2) money due under the contract also becomes recoverable

s1(2) Court has discretion to award some money to a party that has carried out work before the frustrated even.

Question 3

s1(3)

Answer 3

Those who have partially perfomed a contract and hereby confered a value bendfit on the other party may recover.