..., rather than being treated as an implied condition for performance derived from the contractual arrangements between the parties.
Generally, however, the excuse of impossibility of performance is...limited to the destruction of the means of performance by an act of God, vis major, or by law ( International Paper Co. v. Rockefeller, 161 App. Div. 180, 184; 6 Williston, Contracts [Rev. ed.], § 1935; 10 N.Y. Jur., Contracts, § 357; Restatement, Contracts, § 457). Thus, where impossibility or...Williston, Contracts [Rev. ed.], § 1963; see, generally, 10 N.Y. Jur., Contracts, §§ 356, 357, 359, 372; Ann.: Contract-Performance-Impossibility, 84 A L R 2d 12, esp. pp. 21-24, 28-29 and 52-55; Restatement, Contracts, §§ 454, 455, 457, 467). Notably, in this case, Savoy does not even assert that bankruptcy or insolvency was a likely consequence of continuing...