Open AccessThe Effects of COVID-19 on International Contracts: A Comparative Overview
Author(s) -
Laura Maria Franciosi
Publication year - 2020
Publication title -
victoria university of wellington law review
Language(s) - English
Resource type - Journals
eISSN - 1179-3082
pISSN - 1171-042X
DOI - 10.26686/vuwlr.v51i3.6610
Subject(s) - force majeure , covid-19 , legislature , business , law and economics , actuarial science , economics , political science , law , virology , medicine , disease , pathology , outbreak , infectious disease (medical specialty)
This article provides a timely consideration of the effect of COVID-19, and legislative measures taken to deal with it, on contractual liabilities. The relationship of COVID-19 events to the defences of force majeure and hardship are investigated by comparative analyses of several countries' laws as well as the issue whether the national lockdown measures can be qualified as "overriding mandatory provisions". The study is of both domestic contracts and international commercial contracts.