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  • Legal aspects | contracts | BCP

Legal aspects | contracts | BCP

 

Companies may not be able to cope with all the issues arising as a result of operations being interrupted in connection with coronavirus. This is true regardless of whether the problems are caused by failure to perform on the part of third parties or the company itself. Some parties are unable to meet their contractual obligations because their performance is hindered by disruptions to the supply chain or unexpected events beyond their control. Our lawyers provide targeted advice to assess relevant clauses in your contracts.

 

Checklist:

  • Verify your contractual obligations in the case of delay or default.
     
  • Examine your contracts and clarify whether and in what circumstances you can invoke the force majeure clause.
     
  • Identify contracts that specify a duty to report and develop suggested wordings.
     
  • Develop wording suggestions for a standard force majeure clause.
     
  • Create a business continuity plan (BCP)
     
  • Anticipate serious incidents such as pandemics, fire, flooding, explosions, earthquakes, power cuts or hacker attacks.
     
  • Identify and mitigate potential disputes relating to production, supply and delivery.

 


 

Related links:

PDF: A BDO Legal employers' guide to staying compliant during the return to work in Europe

PDF: Visa and travel information - Switzerland