Further to the disruptions of air traffic across Romania caused by the eruptions of an Icelandic volcano, a series of practical issues resurfaced and seem to escalate due to the persistency of this natural phenomenon.

It has become more and more obvious that the array of persons injured by the events from Iceland is not confined to the passengers trapped in the worlds’ airports, but also encompasses many companies whose businesses relied on free and regular flights.

Hard Times… Hardship

The legally parlance to describe the possibility to adjust a contract to a changing environment is the Latin expression rebus sic stantibus, which in three words attempts to convey the meaning that a contract should be maintained in its original form and substance while the circumstances prevailing at its conclusion still stand.