meghiúsuláskor

Meghiúsuláskor refers to the legal concept of frustration of purpose or impossibility of performance in Hungarian law. It arises when an unforeseen event, beyond the control of the parties involved in a contract, makes the performance of their obligations impossible or fundamentally changes the basis of the contract, rendering its purpose unattainable. This concept is rooted in the principle of good faith and the equitable adjustment of contractual rights and obligations when unforeseen circumstances fundamentally alter the contractual landscape.

For a contract to be considered frustrated, the event must be truly unforeseen at the time the contract was entered into. It cannot be something that the parties could have reasonably anticipated or guarded against through contractual clauses. Furthermore, the event must be external to the parties and not attributable to the fault or negligence of either contracting party. The impact of the event must be such that it makes performance either physically impossible or so radically different from what was originally contemplated that it would be unjust to hold the parties to their original bargain.

When meghiúsuláskor is successfully invoked, the legal consequences typically involve the termination of the contract. Depending on the specific circumstances and the extent to which performance has already occurred, parties may be released from future obligations. In some cases, there might be a requirement for restitution of any benefits already conferred, ensuring that neither party is unjustly enriched. The application of this principle aims to achieve a fair outcome when the foundational assumptions upon which a contract was built are unexpectedly and irrevocably undermined.