The COVID-19 outbreak has left many organisations in an uncertain position, with many industries facing forced closures, restrictions on trade or simply a reduced demand for their goods and services as the economy reacts to these unfortunate circumstances. As a result, we are seeing an increased demand for advice on terminating contracts and any consequent liability. It goes without saying that the position depends on the specific facts and terms of the contract, but we’ve set out some practical steps you can take now to prepare and hopefully minimise any disruption.

If you would like to discuss further or enquire about advice on commercial contracts, please contact a member of our Commercial team.