Mr Paul Jinks

Paul Jinks

Updates

Corporate & Commercial

Coronavirus and contractual penalties
United Kingdom | 16 March 2020

The Coronavirus outbreak may result in an upsurge of force majeure-related claims under commercial contracts. A further risk now coming to light is customers seeking to enforce contractual fines, penalties, service credits or liquidated damages in connection with supplier failure or delays arising from coronavirus-related issues. As such, a reminder of the law in this area now also feels appropriate.