Coronavirus infection (2019-nCoV) - not force majeure?
On March 14, 2020, by Decree of the Moscow government executive No. 20-UM “On Amending the Decree of the Moscow government executive of March 5, 2020 No. 12-UM”, it was established that the spread of a new coronavirus infection (2019-nCoV) is an emergency and an unavoidable circumstance, which can be regarded as a force majeure circumstance.
In this analytical review, You & Partners tells whether force majeure can be applied in this situation, what other additional mechanisms exist to amend or terminate contracts.
For more information on business case recommendations for coronavirus infection, see our new Article.