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In Covid-19

COVID-19: Implications for the future of Dispute Resolution

by and 1 Min Read

As the 2019 Novel Coronavirus (COVID-19) continues to spread across the world, businesses are facing significant levels of instability and uncertainty caused by weakened financial markets and disruption to workplace operations and business pipelines. It is almost certain that such instability and uncertainty will result in a growth in the number and types of disputes, as businesses become unable (or unwilling) to perform existing contractual obligations and/or have to re-adjust to new pressures on their…

In Force Majeure

Covid-19: Impact on Dutch law governed commercial contracts

by 10 Mins Read

The global outbreak of the Corona virus (Covid-19) is having a disruptive effect on businesses, individuals and the society at large. The outbreak also effects the ability of many businesses to (continue to) perform their obligations under commercial contracts. In this publication, we discuss the legal implications of the Corona virus outbreak on performance under commercial contracts which are governed by Dutch law. Specifically, we distinguish between commercial contracts that contain specific provisions on which…

In Force Majeure

Covid-19: Impacts from the Perspective of Hungarian Commercial Law

by and 8 Mins Read

Hungarians are not (yet) widely affected by the coronavirus, but the Hungarian economy is. The affected companies are primarily those engaged in the international trade and tourism, but not exclusively. Insurance companies and companies engaged in the medical sector are other examples of those heavily affected. The coronavirus raises privacy, employment, commercial and insurance issues as well. Experts from Baker & McKenzie Budapest have already covered privacy and employment aspects. In this article we look…