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Coronavirus (COVID-19) quarantine as a force majeure in Ukraine—what does this mean for business?

Coronavirus (COVID-19) quarantine as a force majeure in Ukraine—what does this mean for business?
Published on: 03 April 2020
Published by: LexisPSL
  • Coronavirus (COVID-19) quarantine as a force majeure in Ukraine—what does this mean for business?
  • Is quarantine always a force majeure event?
  • How to confirm force majeure?
  • What does the case law say?
  • In practice
  • Conclusions

Article summary

Restructuring & Insolvency analysis: In the Ukraine, on 17 March 2020, a law (bill No. 3219) came into force that included quarantine established by the Cabinet of Ministers of Ukraine in the list of force majeure events. Will this be a tool that allows Ukrainian businesses to drop their obligations without any consequences? In most cases—no, because force majeure is not as easy as it might seem at first glance. Written by Iryna Kalnytska, partner at GOLAW. or take a trial to read the full analysis.

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