The global crisis arising from the COVID-19 pandemic has inevitably prompted many commercial parties to reconsider their contractual arrangements. Many commercial contracts contain force majeure clauses, which will typically suspend the parties’ contractual obligations where performance is prevented (or hindered or delayed) as a result of some event outside the parties’ reasonable control. Such a clause may also give one or both parties a right to terminate the contract if the force majeure event continues for a specified period of time. HSF needed an efficient way to assist with this process.
This interactive tool was built using Neota’s no-code platform and was designed to assist users in evaluating the availability of force majeure relief under English law, either in respect of their contractual obligations or those of their counterparty, as a result of the COVID-19 pandemic or related circumstances.
