Supply Chain, Contracts, and Force Majeure
Many businesses in Northern Ireland have been caught off guard
as the coronavirus (COVID 19) sweeps through the UK prompting wide
spread self-isolation. Businesses are being forced to adopt a
robust approach as government measures are under constant review
with the aid of the World Health Organisation. As a result of the
pandemic crisis it is likely that supply chains and other
manufacturing operations will be disrupted. With many of Northern
Ireland's businesses relying on intricate and often
cross-border supply chains, these businesses may either be unable
to fulfil their contractual obligations or suffer loss because
suppliers cannot fulfil theirs. The prospect of closure of airports
and ports in Northern Ireland is putting further pressure on local
businesses. It is therefore crucial in the coming months that
businesses take steps to meet their contractual obligations and/or
mitigate their commercial risk.
