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.

New research from Sinch reveals how top brands are unlocking smarter, more personalized customer...
Only 54% of organisations have robust systems for moving data internally, while only 56% have...
Organisations using Salesforce can enable their support teams to develop critical communication...
Datacloud Global Congress has achieved record attendance, with a 49% increase on last year’s...
Atos, the Official Information Technology Partner of UEFA National Team Football, will deliver key...
Kyndryl streamlines technology processes and operations across multiple Kantar brands to enhance...
Latest lightweight offerings readymade to jump process hurdles, enhance productivity and generate...
81% of UK enterprises and AI start-ups worried about the impact of non-EU data laws.