In our previous three articles in this series (see Part I, Part II and Part III) we explored how parties may rely on force majeure clauses, on the doctrines of frustration, impossibility and impracticability of performance or on Material Adverse Change clauses as defences to non-performance or delayed performance resulting from the impact of COVID-19.
In Part IV of the series, we delve into areas that a party should be cognisant of when it comes to the renegotiation of a contract if the continued performance of obligations has been made difficult because of COVID-19. Click here to read the full article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.