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Rebus Sic Stantibus
(redirected from Clausula rebus sic stantibus)

   Also found in: Encyclopedia, Wikipedia 0.01 sec.

[Latin, At this point of affairs; in these circumstances.] A tacit condition attached to all treaties to the effect that they will no longer be binding as soon as the state of facts and conditions upon which they were based changes to a substantial degree.



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Flambouras, The Doctrines of Impossibility of Performance and Clausula Rebus Sic Stantibus in the 1980 Convention on Contracts for the International Sale of Goods and the Principles of European Contract Law: A Comparative Analysis, 13 PACE INT'L L.
 
 
 
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