Terminating contracts

Termination and expiry of contracts

The Practice Note: Termination and expiry of contracts provides an overview of the different causes of termination and ways to discharge a contract, including their practical and legal consequences. It considers expiry, contractual rights to terminate (including common termination events), termination for breach of contract (including repudiatory breach), rescission, void contracts, discharge by agreement, frustration, force majeure, illegality, insolvency, discharge by other subsequent events (such as merger, alteration or death), and issues to consider in the context of terminating business-to-consumer contracts.

For guidance on providing for rights of termination when drafting a business-to-business commercial contract, see Practice Note: Drafting term and termination clauses—commercial contracts and Drafting and negotiating term and termination clauses—checklist.

For an example clause entitling parties to terminate an agreement on the occurrence of specified events or for convenience, see Precedent: Termination clause.

Terminating a contract

The Practice Note: How to terminate a contract is a ‘how to’ guide on terminating a commercial, business-to-business contract, which signposts relevant content. It includes