Escalation clauses
3 articles available
3 articles available
In a judgment of 24 May 2017 (Biogaran v International Drug Development, case n° 15-25.457), the commercial chamber of the French Cour de Cassation (Supreme Court) considered the question of whether…
Escalation clauses (or multi-tiered dispute resolution clauses) need careful drafting so that the wording is both enforceable and commercially useful – and does not produce unexpected surprises. With…
On 29 April 2014, the French Cour de cassation made a decision on the criteria a multi-tiered dispute resolution clause ("multi-tiered clause") should meet to render claims inadmissible if…