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ARTICLE · 02 APRIL 2020

Coronavirus: Performing Under Pressure

Conyers
Conyers
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Conyers

Conyers

For over 25 years Conyers’ London office has provided time-zone sensitive advice and support to our...

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During these difficult times, as the COVID-19 outbreak continues to disrupt our daily lives, health and safety is paramount.

Cayman IslandsLitigation, Mediation & Arbitration

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

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