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ARTICLE · 06 JUNE 2020

Agreements During Times Of Coronavirus – A Practical Perspective

1.The Coronavirus outbreak, which was declared a global pandemic by the World Health Organization, is an unfolding global event that affects existing agreements, whether a long-term...

GlobalCoronavirus (COVID-19)
  1. The Coronavirus outbreak, which was declared a global pandemic by the World Health Organization, is an unfolding global event that affects existing agreements, whether a long-term contract (such as lease agreements, services provision agreements or execution of projects), or a one-time contract (such as a sales contract with a specific delivery date).
  2. The effect can be absolute, i.e., the agreement can no longer be executed (as in the case of a one-time event, which is cancelled due to the orders issued), temporary (such as a restraining order preventing a tenant from using a rented property), complete (such as the prohibition on opening stores in malls) or partial (such as restrictions on the number of people or activities in the workplace).

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