This is the seventh in a series of articles in which Christopher Hamel-Smith addresses some of the key legal issues arising out of the Y2K challenge. They were written in order to make a contribution to the Trinidad & Tobago business community’s efforts to prepare for the transition into the Year 2000 and to manage the associated risks. Forming part of a broader series on "Information Technology and the Law" by the same author, these articles were first published in the "Business Guardian" over the period June 10, 1999 to September 9, 1999.
Many countries are bracing themselves for a scourge of Y2K litigation. It is disturbing that many analysts believe that global Y2K litigation costs will actually exceed the total expenditure on efforts to avoid Y2K problems in the first place.
