In a decision* dated 31 March 2021, the French Court of Cassation held that a unilateral termination clause in a fixed-term contract for the exclusive benefit of one party may be valid. A party may then terminate a contract unilaterally and for personal convenience if the contract provides for this option.
This decision primarily concerns a patent valorisation agreement, but the solution may interest all biotechnology practitioners in case of collaborative research and development, or product manufacturing and supply agreements.
UPC Arbitration and the Resolution of Patent Disputes
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Unified Patent Court and Unitary Patent: major changes for Patent litigation and licensing in Europe
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