Contract concerns?

Conexus Law offers the latest guidanc for companies.

“Life and business has got a lot more difficult and complicated since the classification of COVID-19 as a pandemic. As a result, all businesses are or will be looking at their financial and logistical obligations to third parties.” This is according to Ian Timlin from Conexus Law, the specialist advisory firm that provides legal and commercial advice to clients who work in sectors where the built environment, technology, engineering and people converge.

In the latest free guidance sheet that can be found on the company’s website, he is advising companies that as a first step they should check their written contracts to see if they contain any terms can help clarify things. These may include force majeure, material adverse change clauses and general break clauses.

“Companies may also want to look to see if the counterparty to the contract is going to find it difficult or impossible to perform its own obligations now or in the future (particularly in the short term). That may give them scope to negotiate sensible variations all round,” suggests Ian.

Discover Pfannenberg's innovative thermal management and signaling solutions at SPS 2025 in...
Trust in autonomous AI is rising, yet widespread adoption lags with UK leading in maturity.
Discover the features of Red Hat Developer Hub 1.8, designed to enhance developer productivity and...
A new report reveals the hidden costs of software complexity in business, urging simplicity to...
Alice & Bob integrate quantum processors with HPC environments using SLURM, pioneering...
Proofpoint's latest report unveils significant challenges in data security, driven by AI adoption,...
Trustmarque Group and Ultima Business Solutions have merged, forming a formidable force within the...
Sharp Europe launches a unified brand proposition, consolidating its expertise across IT services,...