As the COVID-19 global pandemic continues to proliferate at a rapid pace, business transactions are currently or will be facing unwanted (and perhaps, insurmountable) hurdles ranging from mere delays to arduous or impossible performance of contractual obligations. Such occurrences could invoke a breach of contract claim, which usually translates to a claim for damages by the relevant party in the transaction.
Taking these unforeseen situations into consideration, Partner Narada Kumara with Associates Febriantoro Suardy, Muhammad Ghiffari and Naila Sjarif discuss the correlation between the COVID-19 outbreak and a possible force majeure defense in today’s legal alert. Click here to read more.