Leaving EU does not ‘frustrate’ contract with landlord Canary Wharf Group, high court rules
The European Medicines Agency has lost a high court battle to cancel its £500m long-term office lease in London to move to Amsterdam because of Brexit.
It had argued that the lease on its Canary Wharf HQ had been “frustrated” by Britain’s impending departure from the EU, a legal term meaning that owing to an unforeseen event, the basis on which the contract was signed had changed, making it impossible to fulfil.
Related: Britain loses medicines contracts as EU body anticipates Brexit
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