Corporate Governance and Corporate Responsibility

Garrigues

ELIGE TU PAÍS / ESCOLHA O SEU PAÍS / CHOOSE YOUR COUNTRY / WYBIERZ SWÓJ KRAJ / 选择您的国家

  • When the pandemic affects the ability to fulfil obligations - force majeure, extraordinary change of circumstances

    The current pandemic has a significant impact on commercial activity, the parties of agreements for a variety of reasons encounter difficulties fulfilling their obligations, keeping  deadlines, providing workers. Given the situation we recommend familiarizing oneself with three institutions which in the near future may affect your relationships with clients and contractors: the force majeure clause, the fault principle and the rebus sic stantibus rule, that is the extraordinary change of circumstances.