Franco Ferrari gives a talk on economic hardship under the CISG at Bucerius Law School in Hamburg

On April 9, 2019, Professor Ferrari gave a talk on “Hardship-Clauses in International Sales Contracts” on the occasion of a workshop co-hosted by the Center and Bucerius Law School on the occasion of the 3rd Hamburg Arbitration Day. The talk by Professor Ferrari focused on how the economic crisis has affected long-term international sales agreements, more specifically, whether the United Nations Convention on Contracts for the International Sale of Goods deals with economic hardship and what consequences the answer to this question triggers.

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