• Media type: E-Article
  • Title: Best Efforts in the Taxonomy of Obligation – The Case of the EU Vaccine Contracts
  • Contributor: Schanze, Erich
  • imprint: Cambridge University Press (CUP), 2021
  • Published in: German Law Journal
  • Language: English
  • DOI: 10.1017/glj.2021.50
  • ISSN: 2071-8322
  • Keywords: Law
  • Origination:
  • Footnote:
  • Description: <jats:title>Abstract</jats:title><jats:p>The purchase of Covid-19 vaccines by the EU Commission as agent for the Member States has caused substantial political discussion, including a lawsuit against the producer AstraZeneca in Brussels in 2021. The article looks at these purchase contracts as examples for a problematic use of “best efforts“ clauses in commercial contracting, considering some key jurisdictions. The clauses are discussed from a drafting perspective, including their function and their theoretical background in comparative law. It concludes with a primer for the drafting process, looking at some basic contracting schemes for softening or intensifying obligations.</jats:p>
  • Access State: Open Access