Fresenius vs. Akorn – The MAC Clause as Contractual Case of Frustration of Contract (Wegfall der Geschäftsgrundlage, Sec. 313 German Civil Code)

Overview


The article focuses on the MAC Clause as contractual case of the German institute of frustration of contract (Wegfall der Geschäftsgrundlage, Sec. 313 German Civil Code) and its usage in German M&A practice.