By Mitchell Labiak2019-02-20T10:40:00
The High Court has ruled in favour of Canary Wharf Group over its claim that Brexit did not amount to ‘frustration’ of the European Medicines Agency’s 25-year, £500m lease.
‘Frustration’ is a legal term referring to an unforeseen event that changes the nature of the original agreement so drastically that it would be unfair to hold both parties to the contract.
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