Article
Achieving An Orderly End: Reasonable Notice Of Termination In The Absence Of An Express Term
The Privy Council examines what constitutes reasonable notice for contract termination when agreements lack express termination provisions, analyzing a 40-year distribution relationship between Anheuser-Busch and a Bahamian distributor. The judgment establishes seven key factors courts may consider when determining reasonable notice periods, providing crucial guidance for commercial parties navigating contract terminations without specified notice terms.
Goodwin Procter LLP