The rapid spread of coronavirus disease (COVID-19) is a public health challenge that has affected the entire globe and sent shockwaves through the world economy.
As our U.S. clients look to assess the threat posed by COVID-19 and protect their workforce, customers, and minimize the economic damage, we have created guides to help them navigate the situation and implications for their companies.
As the situation evolves, we will continue to provide updates.
12 März 2020
Due to the global outbreak of Covid-19, many businesses are confronted with serious commercial consequences, such as delays in the delivery of goods and services, and may look for ways to mitigate the impact on contractual performance. In this situation, they may be faced with difficult legal questions about whether and to what extent force majeure and related provisions in their contracts and in the applicable statutes may be implicated. To assist businesses manage their contractual relationships in light of the rapidly changing Covid-19 situation, we have, across a multitude of jurisdictions, collected principles of potential relevance to a variety of commercial contracts.
27 März 2020
Authorities are still seeking to balance resources and minimize disruption, but the potential for delay is increasing. More jurisdictions are impacted, daily activities are becoming more restricted, and some deadlines have extended or suspended for a transitional period.