While medical researchers across the world race to develop a vaccine to the COVID-19 virus, lawyers and corporate clients are testing for vulnerabilities to trade and other restrictions imposed by governments to mitigate against the spread of COVID-19. What if I cannot meet my contractual obligation to import or export goods to or from China? What if travel restrictions mean I cannot meet certain contractual deadlines? Will my contracts automatically terminate, or will they hold until the restrictions lift?
Continue Reading The impact of coronavirus on your contract: remedying where the ‘frustration’ lies