38th ICC Institute Annual Conference on Hardship and Force Majeure in International Commercial Contracts

ICC Institute of World Business Law held 38th ICC Institute Annual Conference on Hardship and Force Majeure in International Commercial Contracts on 29 November at Marriott Champs-Elysées Hotel in Paris. The conference, which practising lawyers, corporate counsels, arbitrators, mediators, business professionals and academics from around the world attended, offered a line-up of top-class speakers, topical discussions, relevant news and an excellent opportunity to network.

At the conference, Prof. Dr. H. Ercüment Erdem, Founder and Senior Partner of Erdem & Erdem and Co-chair of ICC CLP Commission, made a presentation on the Revision of the ICC Force Majeure and Hardship Clause.

In his presentation Prof. Erdem explained why ICC revised the clauses and how the revision was made. Than he handled the main characteristics of the new ICC Force Majeure Clause and ICC Hardship Clause.