Singapore — Lawyer and opposition leader Lim Tean called a judgment handed down by the High Court on Thursday as one of “Supreme Importance” as it’s the first time where the defence of frustration was invoked in relation to the Covid-19 pandemic.
, adding that “even after the business folds, there are residual issues such as the liabilities under the tenancy agreements for not seeing out the lease.” He went on to explain this further, writing “The doctrine of frustration discharges parties from their contract by operation of law when, without the default of either party, a supervening event that occurred after the formation of the contract rendered a contractual obligation radically or fundamentally different from what had been agreed to in the contract.
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