Tag: Force Majeure

IBA Webinar: A Commercial Litigator’s Guide to Force Majeure in the Age of Covid-19, 11 June 2020

IBA LOGOThe IBA Litigation Committe, rather than meeting in person in Buenos Aires for our annual litigation forum earlier this month, like so many othes had to resort to Zoom meetings. Following from that there will be, on 11 June 2020, the Committe’s first ever webinar. Here’s from the organizers:

“Because of the unprecedented business disruption caused by the Covid-19 pandemic, companies throughout the globe are seeking to modify or evade their commercial obligations. Force majeure is one legal tool that many businesses are asserting in an effort to accomplish these objectives.”

“So are frustration of purpose, impossibility of performance, material adverse change or effect, and factum principis. In addition, some governments have enacted legislation to help businesses evade or modify their commercial obligations. In this interactive webinar a panel of legal experts from multiple jurisdictions will discuss whether and to what extent these tools can be effectively employed in the international commercial litigation arena.”

For further details, including how to register, please click here.

Disputes in the Time of Corona: ADR as a Fast and Flexible Way Forward

SARS-CoV-2_49534865371The disruption to business caused by the corona virus will inevitably leads to disputes. Examples that come to mind are the late supply or the failure to deliver critical supplies in an international supply chain, and the allocation of unforeseen risks and costs. Other questions might concern material adverse change (MAC) or force majeure provisions  and insurance coverage for Corona-related issues. In most cases, going to court is not really an option, given the urgency involved in finding a solution.  Read More