Covid-19: The impact of the novel coronavirus outbreak on commercial contracts in 15 jurisdictions
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.