ZEuP: Issue 3 of 2025

The third issue of 2025 of ZEuP – Zeitschrift für Europäisches Privatrecht, is out.

Various articles featured in the new issue will likely be of interest for the readers of this blog, including one by Helmut Ortner, Veronika Korom and Marion Neumann, in English, titled Pacta Sunt Servanda’s Soliloquy Amidst Sanctions: The Impact of EU Sanctions on Contractual Performance in Arbitration Proceedings.

EU sanctions against Russia and Russia’s countermeasures have significantly disrupted trade, supply chains, and contractual relations, sparking disputes frequently resolved through arbitration. European legal systems provide a range of mechanisms — including force majeure, impossibility, frustration, and hardship — to address sanctions-related performance impediments. Despite doctrinal divergences, these frameworks tend to converge on practical outcomes. To mitigate risks and increase legal certainty, parties are well-advised to incorporate tailored clauses in their contracts.

The issue also includes an analysis by Fabian Kratzlmeier of the ruling of the Court of Justice in Olichart, concerning the European Insolvency Regulation (on which see the post by Antonio Leandro on this blog). The article’s title is Die europäische vis attractiva concursus – Altbekanntes, Neues und Ungeklärtes zu Reichweite, Kompetenzkonflikten und materieller Sperrwirkung.