Contract law becomes relevant if you have entered into some “contractual relationship” with another person; that is, both sides agree to give each other an item or service that would benefit the other person...
As we last discussed the application of force majeure clauses in commercial contracts, we shall consider in this article whether force majeure, if not the doctrine of frustration, is applicable in tenancy agreements amidst the time that businesses struggle in paying rentals (when the premises can’t be used) and consider how a properly drafted tenancy agreement may help with the situation.
This practical guide discusses the application of force majeure clauses in contracts governed by Hong Kong law and provides clients with quick know-hows on the occurrence of force majeure events and COVID-19 pandemic.
Carrying out business as usual has been made difficult for everyone during the Coronavirus (COVID-19) Pandemic. It may also have affected your ability to perform contractual obligations. In this article, we will look into force majeure clause and see if it can protect you in the current situation.