COVID-19 – Frustration, force majeure or simply frustrating?
03 Mar 2020
The COVID-19 virus that has caused governments to quarantine entire cities and close international borders has been declared a public health emergency by the World Health Organisation. As the number of COVID-19 cases continues to rise globally, repercussions in the commercial sector have been felt from the rising caution exercised by governments and the public at large.
Businesses are looking to their contracts and agreements to find ways to escape liability for non-performance. One question which businesses continue to be concerned with is this – is COVID-19 a ‘force majeure’ event, a frustrating event, or simply frustrating?
This update provides some insight into the issue.
Please click here to read more about the update.