this post was submitted on 15 Apr 2025
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The European Commission is considering plans that would allow European companies to break long-term Russian gas contracts without paying penalties to Moscow, it has been reported.

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[โ€“] Hirom@beehaw.org 3 points 1 week ago* (last edited 1 week ago) (1 children)

A guess is finding a proper and legal way to break a contract is preferable for companies. An arbitrary breach of contract might make a company look unreliable, could make it more difficult to sign any contract in the future.

IANAL so I have no idea if they'd risk penalties as well.

[โ€“] MaggiWuerze@feddit.org 0 points 1 week ago (1 children)

If at all, the penalties would come from Russia and probably be monetary in nature. Just stop talking to them, they have no jurisdiction and I would be very surprised to see European officials enforce some kind of Russian penalty

[โ€“] Hirom@beehaw.org 2 points 1 week ago* (last edited 1 week ago)

Just stop talking to them, they have no jurisdiction

If they try and claim there's no jurisdiction, the other party might disagree. Especially if the contract has a provision that defines which jurisdiction/court is responsible for resolving disputes.