The coronavirus will be "considered as a force majeure
event for companies", said the Minister of Economy and
Finance, Bruno Le Maire on Friday 28 February. And he clarified his
position regarding public contracts concluded by the State.
However, should we consider that, in internal or international
commercial contracts intended to be executed in France, a party
will be able to suspend or terminate its obligations on such
ground?
The question is raised in the presence of large events, but also
smaller events that are cancelled, in the case of current or
foreseeable disruptions in supplies for companies that obtain their
supplies, particularly in Asia, and in the case of reduced number
of visitors to shops causing very significant drops in sales in
certain regions of the world.
