Contracts and Covid-19

Contracts and Covid-19: What does it mean? Are contracts still binding under lockdown ? The ongoing epidemic has posed significant risks to businesses with disruptions in supply chains, cancellations of events and the closure of many services, but what does this mean for contracts that are in place? Is there a “get out of jail free card” to avoid obligations? Under English law contracts are, in principle, absolute. In general terms, any failure to perform an obligation under a contract…

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