Introduction
COVID-19 has been declared a global pandemic by the World Health
Organization ("WHO")1. It
has become a threat not just to the existence of humanity but every
activity imaginable. The rapid progression of this virus has
resulted in lockdowns, border closures, visa revocations, stock
depreciation, amongst others. As a result, parties are unable to
fulfil their contractual obligations.
Based on these global business disruptions, the execution of
contracts entered by individuals and corporate entities have raised
pressing questions such as:
- Will manufacturers remain bound to
produce and deliver goods?
- Will entertainers be bound to perform
at events?
- Will event planners be bound by
contracts between their vendors and venue owners?
