REVISION OF CONTRACT DUE CHANGED CIRCUMSTANCES - COMPARATIVE LEGAL SOLUTIONS OF REBUS SIC STANTIBUS CLAUSE

Abstract

Clause rebus sic stantibus falls into the category of general deviations from the constraints of the autonomy of a party. However, this rule in relation to other general rules has its peculiarities. Its application may come only in the given circumstances. Thereby, the court’s authorization to modify the contract is nearly excluded and application of this legal system allows application of a clause only in the particular contracts.