COVID-19:
A “Force Majeure EVENT” or Not?
The coronavirus (COVID-19) pandemic has impacted the ability of businesses around the world to maintain operations and fulfil existing contractual obligations.
Ms. Mansi Lalwani, a distinguished member of our CRESCO Legal team, has written an article about the obligations of companies in the light of this disaster, that changes the way of how businesses can operate. Is this a “Force Majeure event” or just “Bad Luck?”
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Covid-19: A “Force Majeure Event” or Not?
The article discusses, whether the COVID-19 pandemic can be seen as a “Force Majeure event” with all legal consequences or not.
The question is crucial when it comes to evaluate claims out of unfulfilled contracts and liabilities.
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