The Intervening Events and Their Impact On the Contractual Relations In English Legal System


The theory of frustration has developed dramatically in English legal system either by the kinds of intervening events that may snap the contractual relations or the effect of this snapping on the respective rights of the contracting parties. It is worth to mention that this dramatic development has been a mirror for the major events that happened in the twentieth century such as the First and the Second World Wars, the closure of the Suez Canal, and the Gulf Wars . The discussion on this subject has been planned as the following: in the first chapter, the researcher has discussed the genesis and development of the theory of frustration and thorough classification and analysis of the supervening events that snap the contractual relations, whereas in the second chapter the researcher discussed the legal requirements of application of the theory of frustration and its effects on the respective rights and obligations within the dissolved contracts.