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 […]
Coronavirus – a Force Majeure?
The outbreak of Coronavirus and subsequent spread across the world has become the hottest news subject of the year so far. From the initial outbreak in the Hubei Province in China, it has now reached England’s Home Counties. From the immediate health risk to humans and well-publicised disruption to travel plans, COVID-19’s potential for global […]