Coronavirus (COVID-19): Impact on Contracts – Force Majeure and MAC-clauses

In the context of the COVID-19 pandemic, many clients are faced with material problems in managing contracts. Companies have to deal with delivery bottlenecks, delays or other disruptions in performing obligations. Real estate agreements are also impacted, as well as extraordinary transactions such as mergers and acquisitions. Force Majeure clauses and Material Adverse Change clauses are discussed as possible solutions, suspending or even ending the performance obligations under contracts entered into. Hear from our panel of experienced attorneys on the impact on contracts from the global and best-practice perspectives. (Live presentation was aired on 16 April 2020)