04 May 2020 EY Global Law Covid-19 Tracker | Force Majeure As the spread of the COVID-19 virus continues to accelerate throughout the world, it is essential for businesses to stay agile. This particularly applies to multinational companies working across many different jurisdictions, having to take into account varying legal regulations. In this tracker, EY Law professionals maintain an overview of the law as it relates to a key topic at this challenging time — the Force Majeure clause. Typically a clause in every organization's standard terms and conditions, legal teams are spending a lot of time thinking about how it applies in a COVID-19 context. We have put together a summary of the legislation, regulations, case law and doctrines, where applicable, as it relates to force majeure in more than 40 countries around the world. While this document is updated frequently, it has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Document ID: 2020-1198 |
