Published: Institutt for privatretts Skriftserie - Nr. 187, 2011
Prosjektet "Anglo-American Contract Models" har nå utkommet med sin siste prosjekt-publikasjon, nr. 8, "Material Adverse Change klaususer som suspensive betingelser". Arbeidet er en bearbeidet versjon av Lars Ole Sikkelands spesialoppgave som ble skrevet mens han var vitenskapelig assistent ved Institutt for privatrett.
"Material Adverse Change (MAC) clauses are used to accocate supervening and unknown risk between the parties to an agreement. It allows a contract party to exit the agreement upon the occurrence of certain difined events or situations. Due to its intended purpose, MAC clauses tend to aim wide, and this may result in uncertainty with regards to its application. This paper analyses the intended effects and actual application of MAC clauses under the US, English and Norwegian legal systems.
The paper is based on the work carried out as a research assistant at the Department of private law, University of Oslo, as a part of the research project "Anglo-American Contract Models and Norwegian or other Civilian Governing Law".
This paper is written in Norwegian, and has an extensive summary in English."