15 U.S.C. § 6609 — Application of existing impossibility or commercial impracticability doctrines
submitted 27 years ago by Pub. L. 106-37 to r/title-15-COMMERCE-AND-TRADE · 54 words · no verdicts yet
For a Y2K contract breach or repudiation, the law in existence on January 1, 1999 determines whether impossibility or commercial impracticability applies. The chapter does not take away the right to raise those defenses.
For a Y2K action* about breaching or repudiating a contract*, whether the doctrines of impossibility and commercial impracticability apply is decided under the law that existed on January 1, 1999. Nothing in this chapter limits or harms a party’s right to raise a defense based on either doctrine.
In any Y2K action* for breach or repudiation of contract*, the applicability of the doctrines of impossibility and commercial impracticability shall be determined by the law in existence on January 1, 1999. Nothing in this chapter shall be construed as limiting or impairing a party’s right to assert defenses based upon such doctrines.
Source credit: (Pub. L. 106–37, § 10, July 20, 1999, 113 Stat. 199.)
- 1999Enacted · Pub. L. 106-37 · 113 Stat. 199
A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-37 on 1999-07-20.
all 0 arguments · sorted by: best
no arguments yet — make the first case