During these difficult times, as the COVID-19 outbreak
continues to disrupt our daily lives, health and safety is
paramount. However, as travel bans are implemented, quarantines are
enforced and restrictions are placed on the flow of goods, the
global supply chain and commerce in general will be put under
immense pressure. The unprecedented measures many governments are
taking to 'flatten the curve' and protect the human
population will have a flow-on effect for business and raise a
number of legal issues.
The Cayman Islands have had to deal with extreme events
in the past (e.g. Hurricane Ivan in 2004), which often have
repercussions that were not contemplated by contractual
counter-parties at the time their agreements were
entered into. Hurricane Ivan and the novel
coronavirus are prime examples of exceptional events which may
prevent the performance of obligations. In this article, we
consider remedies available in Cayman in circumstances where
parties may be