Corporate Governance and Corporate Responsibility

03-20-2020
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.