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Published by Chiara Rawlins
Mar 19, 2020 in Commercial

Can a contract impacted by COVID-19 be lawfully terminated?

The impact of restrictions put in place to combat COVID-19 has the potential to cause substantial financial losses from unfulfilled contracts. As such businesses may wish to explore whether they are able to lawfully terminate contracts before they incur these losses. Coronavirus as an unseen forceSome contracts may contain 'force majeure' clauses.These clauses are intended to deal with events beyond the reasonable control of either party to...
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