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ARTICLE · 24 MARCH 2020

COVID-19 – A Force Majeure Event?

Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
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Elias Neocleous & Co LLC

Elias Neocleous & Co LLC

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Many Governments all over the world have imposed very strict measures (quarantine, travel bans/restrictions, closing of businesses, malls, theatres etc.), in order to protect their countries' populations ...

CyprusCorporate/Commercial Law
Chrysanthos Christoforou
Chrysanthos Christoforou
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Many Governments all over the world have imposed very strict measures (quarantine, travel bans/restrictions, closing of businesses, malls, theatres etc.), in order to protect their countries' populations as a result of the unexpected COVID-19 outbreak.

As it stands, it is difficult to foresee the worldwide consequences of the pandemic. Inevitably, some of the measures being taken to control the spreading of the virus will cause business disruption worldwide in almost all business sectors, the extent of which is difficult to predict at this point in time. Some businesses have already been forced to suspend their operations whereas others may continue to operate but within certain restrictions which have been imposed on them.

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