Valuable jurisprudence obtained by RTPR for Premier Energy Furnizare in the field of hardship theory. Damages of approximately EUR 4 million and legal penalty interest, as a result of the non-performance of an energy supply agreement concluded on the CMBC-BC market

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RTPR assisted Premier Energy Furnizare SA (formerly CEZ Vanzare SA) in a complex contractual dispute, whereby an energy trader invoked the hardship theory in order to exonerate itself from the obligation to deliver to Premier Energy the amount of electricity agreed by a contract concluded on the CMBC-CN regulated market (Centralised Market for Electricity Bilateral Contracts - Continuous Negotiation Mechanism). Specific to the nature of these contracts, the quantity of energy was contracted in