Author: Julie Hunter
The outbreak of the coronavirus disease Covid-19 continues to cause severe disruption and uncertainty to global trade. Now categorised as a global pandemic by the World Health Organization, businesses must consider whether the impact of the coronavirus could cause them to default on their contractual obligations, whether this may be an inability to supply goods due to the effect on the supply chain, an inability to provide services due to travel restrictions or the cancellation of planned public events due to quarantine.Image: Channels: Business StrategyTags: Covid-19pandemicforce majeure clauseWHO
This story was originally published by Ethical Corporation and can be accessed here.