Legal News

Coronavirus (COVID-19), force majeure and frustration—Key legal principles and industry implications

Coronavirus (COVID-19), force majeure and frustration—Key legal principles and industry implications
Published on: 22 April 2020
Published by: LexisPSL
  • Coronavirus (COVID-19), force majeure and frustration—Key legal principles and industry implications
  • Introduction
  • Core legal principles and relevance in the context of COVID-19
  • Force majeure principles
  • Function
  • Definition of the force majeure events
  • Elements that must be proved
  • ‘Prevented’
  • ‘Hindered’
  • ‘Delayed’
  • More...

Article summary

Dispute Resolution analysis: Force majeure and frustration have suddenly taken centre stage for parties who are either considering their remedies under existing contracts, or deciding what protections need to be built into their future contracts. Patricia Robertson QC, Ben Lynch QC and Deborah Horowitz, barristers at Fountain Court Chambers set out the core legal principles as regards force majeure and frustration, consider their relevance in the context of coronavirus (COVID-19), and identify consequent issues for some of the major industries affected by the pandemic, including construction, trade finance, banking, airline, pharmaceuticals, energy and insurance. or take a trial to read the full analysis.

Popular documents