Rusty Nails
We remember
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- Living in the slow lane
I am not a lawyer either, but I don't think "signed first" matters unless the second customer wishes to accuse the seller of acting in bad faith, of selling something that they knew they would not have by the delivery date.
I think ideally, the seller would try to renegotiate one or both of the contracts as soon as they realise there's a delivery problem. They would probably offer better terms to the most profitable contract or customer (and those are not always the same thing in the long term) if they can, but if they can't renegotiate anything, then they would have to terminate whichever contract has the cheapest termination payments stated in it, rather than land in court over it... and if that customer wanted to try to take them to court over it, I hope the courts would take a dim view over them rejecting the agreed termination payment. If there is no termination clause in one or both contracts, then it's a cluster fark mixed with a shoot show and the negotiators should be chewed out, or at least nibbled a bit.
To all who are saying that it is the EU's fault, I would suggest that it is very likely that the EU factories were listed as production capacity for the UK order, in a mirror-image of the EU contract. Of course we don't know that unless the UK-AZ contract is published too, but I suspect we are basically in @Yellow Fang's example, but with the glare of publicity and politics involved.
One complication is that having sold production from the UK factories to someone else does not appear to be a permitted reason for AZ to terminate their EU contract - and even if they had somehow contrived to fail to obtain EMA authorisation today, clause II.14.1 says they cannot legally sell the vaccines from the UK and EU factories to anyone else in that case.
Exactly this. Is anyone on here a lawyer with experience of international agreements such as this?
If it goes to a legal case then we will find out, but in the meantime I suspect opinions will vary based in part on how much people are for or against Brexit.
I do not trust Johnson's opinion on this matter but neither do I really trust von Der Leyen or Kyriakides. They all have constituencies to serve, and I suspect it will be resolved by negotiation, compromise and a few threats.