Planning For Disruption: Impact For International Business And Contracts

Containing or delaying the rapid global spread of COVID-19 is a major priority for governments and health services, but it also presents extremely significant challenges for international business especially with regards to business continuity. This webinar examines the legal issues, stress points and disputes most likely to arise from supply chain disruption, travel and other restrictions. Key points discussed include:

• Force majeure and contractual frustration: when will contractual obligations be suspended or released, and where will losses lie?
• Remedies for delay: how will remedies such as delay damages and indemnities be dealt with in the context of supply chain disruption?
• Termination for cause, termination for convenience: what are the key considerations when determining whether to terminate supply contracts?
• Price adjustment: when and how far might contract price adjustments be made to reflect distressed economic conditions?
• Business interruption insurance: what are the main "insured events" likely to be associated with COVID-19? When might cover be avoided or insurance payments withheld?
• Employment, personnel and business continuity: How can employers balance employee health and welfare with the demands of business continuity?

Date: 21 May 2020
Time: 4.00pm to 6.00pm (Singapore Time)