LL4EGE Half Unit
Key Issues in Commercial Contract Law
This information is for the 2025/26 session.
Course Convenor
Dr Nicholas Sage
Availability
This course is available on the Executive Master of Laws (ELLM). This course is not available as an outside option to students on other programmes.
Course content
This course explores some of the live issues in today’s law of commercial contracting, which have significant implications not just for legal practice but for our economy and society more broadly. We will situate each issue by providing a refresher on the relevant legal framework, consider opposing views in the case law and legal commentary, and reflect on the likely path of the law’s development and its broader implications. We will consider issues such as the following:
- Contractual modification, including current controversies about the requirement of consideration and the enforceability of no-oral-modification clauses.
- Duties of good faith in contractual performance, including controls on termination rights and the exercise of contractual discretion.
- Risk allocation in contracts, including developments in the law of frustration, force majeure and exception clauses.
- Interpretation of contracts—the current state of play in this constantly evolving field.
- Exclusion clauses, including basis or no-reliance clauses and the emerging doctrine of contractual estoppel.
- Assignment of contractual rights, the permissibility of bars on assignment and their implications for receivables financing.
- Agency law, especially issues arising for those seeking to contract with or on behalf of companies.
Teaching
25 hours of classes.
Formative assessment
Essay (2000 words)
Indicative reading
Pakistan International Airlines v Times Travel [2023] AC 101
Bates v Post Office (No. 3) [2019] EWHC 606
Canary Wharf v European Medicines Agency [2019] EWHC 335
MWB Business Exchange Centres v Rock Advertising [2017] QB 604
Wood v Capita Insurance Services [2017] AC 1173
Assessment
Oral examination (100%)
The oral examination will be conducted online and managed by the Law School.
Key facts
Department: LSE Law School
Course Study Period: Summer Break
Unit value: Half unit
FHEQ Level: Level 7
Total students 2024/25: Unavailable
Average class size 2024/25: Unavailable
Controlled access 2024/25: NoCourse selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Commercial awareness