COVID-19. Contracts and performance flowchart

POSTED BY Karl Stolberger
Michael Busch
05 April 2020

posted in Company Law | Covid-19

VIEWED 311 TIMES

PERMALINK

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Photo by Adam NieĊ›cioruk on Unsplash


Contracts and performance flowchart

There is no question that Covid-19 and the Government's response to the virus has significantly affected and will continue to affect New Zealand businesses in the coming months.

We expect many businesses and individuals to be assessing the virus' impact on their contractual obligations, including whether the virus excuses a party from its contractual obligations under a force majeure clause or the doctrine of frustration.

The flow chart (see Downloads) is a resource you can use to help you with that assessment.

Importantly, each case will depend on the exact terms of the relevant contract and the particular factual context. In all cases specific advice should be sought before taking any steps.

POSTED BY Karl Stolberger
Michael Busch
05 April 2020

posted in Company LawCovid-19

VIEWED 311 TIMES

PERMALINK

Downloads

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