Covid-19 is spreading, and the mass hysteria and panic buying,
are causing irreparable damage to the global economy. Currently,
the only people resting easy at night are the manufacturers and
distributors of hand sanitizer and face masks. Companies worldwide
are distributing notices to their employees cancelling
international travel, conferences, in person meetings, implementing
their business continuity plans and giving detailed instructions on
how to limit their employees' chances of catching the virus.
However, the biggest concern for many businesses, whether they be
investors, borrowers, suppliers, service providers or contractors
– is whether or not they have appropriate contractual rights
to protect them during this period.