This week’s tip-sheet concerns the remedies available to states where they are party to a contract procured through bribery. We discuss the pros and cons of rescission and termination as well as the reasons why a state may choose to re-negotiate contracts that have been affected by bribery. We also consider the risk of waiver that can occur when a decision to terminate or rescind is not taken quickly enough. Our tip-sheet is available here.
- Posted in: Bribery
- Tagged in: Bribery, Civil proceedings, Contractual claims, Damages, Rescission, Termination, Tip-sheets