Alice: How Long is Forever? White Rabbit: Sometimes Just One Second. (Lewis Carroll)

In commercial contracts, the notion of time appears in multiple guises.
Time periods can affect the way parties negotiate a contract, and timely performance can be “of the essence” or “at large”. After a contract has been made, a delay can occur and the question can then be whether it is reasonable or inexcusable. Finally, limitation periods define when claims become time-barred.
In this joint working session, the Contract Law, International Sale of Goods and Transport Law Commissions will explore the various situations in which time and time periods become relevant for a lawyer’s practice. We will organise the session around a practical case and legal experts will share insights of their work and so generate valuable comparative learnings for international practitioners.