Although it is rare for an ‘act of God’ event to occur, force majeure and frustration are currently hot topics. In-house counsel may be looking for remedies to delays in supply chains or failure to supply orders, devalued securities or failures to make loan payments. Or, they may wish to make sure sufficient protections are built into future contracts.
To help lawyers with this unusual event, NLJ hosts a special article on force majeure and frustration. It sets out the core legal principles, considers their relevance to the COVID-19 pandemic and identifies issues for some of the major industries affected by the pandemic.
The authors are Patricia Robertson QC, Ben Lynch QC and Deborah Horowitz, all of Fountain Court Chambers.