Commercial contract points on diversifying
Some businesses are doing all they can to just keep going or they are working to answer the Government’s call for equipment to diversify to try and combat the financial implications of the COVID-19 outbreak. Whether you are now offering free delivery from your restaurant businesses or coffee shops? Offering meals on wheels and care […]
Diversification in response to COVID-19: Are your new contracts valid?
The outbreak of COVID-19 has created and continues to create extreme levels of uncertainty for businesses and as a result some business owners have had no option but to diversify. Examples of this in the current climate include car manufacturers producing ventilators and fashion brands such as Ralph Lauren manufacturing medical clothing. Changing business focus […]
Dealing with existing contracts: a focus force majeure and frustration of contracts
In running your business you are no doubt entering into contracts whether they be providing customers with your standard terms and conditions, entering into service agreements, contracting with suppliers, entering into agency and distribution agreements or even contracting using industry standard form contracts, such as in the manufacturing and engineering business. No matter what contract […]
Performance of Commercial Contracts in unprecedented times
As the Coronavirus continues to spread and we, as a country, are subject to further restrictions which impact the operation of all businesses, naturally business owners are concerned about their exposure where unable to perform under commercial contracts. The article is intentionally brief – at a time when we are inundated with daily briefings, new […]