How does hardship — understood as a fundamental and unforeseeable change in contractual circumstances — operate in international arbitration?
This was the central theme of the webinar organised by Pavesio Studio Legale and the Camera degli Avvocati Internazionalisti, held on 17 February 2026.
The webinar examined how the hardship clause operates in international arbitral practice, comparing its recognition across different legal systems, international instruments and arbitral case law.
The debate addressed hardship clauses and good-faith renegotiation obligations, as well as the question of contractual adaptation by arbitral tribunals in the absence of an explicit mandate from the parties — in light of the lex causae, the lex arbitri and the limitations arising, among others, from the CISG.
Speakers:
- Prof. Alberto Oddenino, University of Turin, Of Counsel at Pavesio Studio Legale
- Niccolò Landi, Arbitration Chambers, London
Moderator:
Marco Tessera Chiesa, Pavesio Studio Legale
