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COVID-19 Outbreak in China: Impact on Commercial Contracts and Potential Remedies
The COVID-19 outbreak in the People’s Republic of China (“PRC” or “China”) and the rest of the world is adversely affecting the performance of many domestic as well as international commercial contracts. The extension of PRC public holidays, flight delays and cancellations, mandatory and recommended quarantine measures as well as other national and international travel bans and restrictions will in many cases limit or eliminate the ability of parties to perform their contractual obligations in part or in full. As a result, parties may consider to invoke either Force Majeure provisions or claim objective changes of circumstances to limit their civil liabilities and losses.
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COVID-19 Outbreak-Impact on Commercial Contracts_BEITEN BURKHARDT.pdf |
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Experts
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Susanne Rademacher Lawyer Partner |
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Dr Jenna Wang-Metzner Legal Consultant Partner |
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Simon Henke Lawyer, LL.M. |
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Corinna Li Legal Consultant, LL.B., LL.M. |
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