“The COVID-19 pandemic is one of those once-in-a-lifetime events that few people predict but which AFFECTS everyone – individuals, businesses and governments.” – Andrew Chilvers, IR Global – Editor
Can force majeure justify a suspension
of performance or the unilateral imposition
of new deadlines or cancellations of purchase orders?
Does the COVID-19 crisis and possible
breach of international contracts fundamentally
alter assumptions surrounding risk
allocation, supply chains and access to markets?
Where a contract does not contain a force majeure clause,
how simple is it for parties to consider the doctrine of frustration?
In which jurisdiction would this apply?