Have the Paris courts bolted contract adaptation due to ‘unforeseeability’ ((imprévision)? Saloni v Nexity and its relevance for arbitration.

This post to flag my analysis of SAS Saloni France v SAS Nexity Logement, Tribunal de Commerce de Paris, 19ème chambre, 14 December 2022, over at Lexis Nexis arbitration. It is a rare application by a French court of first instance, of the fairly recently introduced theory of unforeseeability (imprévision) in the context of the price spike in energy costs, transport and packaging as a result particularly of the Russian war in Ukraine.

Geert.