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ARTICLE · 01 JULY 1997

Computer Systems And The Year 2000 - Legal Issues

United KingdomCorporate/Commercial Law
All businesses will now be aware of the Year 2000 date change issue. Many will be carrying out technical audits to assess the scale of the problem and the steps necessary to solve it. It is less likely that many will have appreciated the legal issues involved in making computer systems Year 2000 compliant. This bulletin highlights some key legal implications and the action that companies need to take now to minimise the potential legal risks.

The Challenge For Business

Year 2000 compliance is a challenge for the entire business - not only for the IT department. Companies failing to address the issues in good time risk liability to customers, employees, trading partners, investors and regulatory bodies - not to mention the potential harm to their business in the event of an IT systems malfunction.

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