To say the world has been turned upside down is all but literally true in many respects. Where there is the slightest sneeze of Covid-19, governments have made shut down decisions that that have impacted the ability of businesses to operate and perform their contractual obligations.
A feverous question is whether COVID-19 an event of force majeure and does it relieve the affected party from its obligations? Below we set out the issues. [Read more…]