| gen. |
all reasonable endeavours (Negotiating an "endeavours" obligation in a contract is a familiar experience for corporate and commercial lawyers alike, and one which can often be contentious given the different levels of obligation that can be imposed (e.g. "reasonable", "all reasonable" or "best" endeavours). An "all reasonable" endeavours obligation has been interpreted by some as a halfway house between "best" and "reasonable" endeavours, while the court in Rhodia International Holdings Limited v Huntsman International LLC (2007) considered that it may well equate to a "best" endeavours obligation, particularly on the basis that both terms effectively require a party to take all reasonable courses of action available to them. Alexander Demidov) |
