'Breathing space' on contractual disputes | Feature : vimars

'Breathing space' on contractual disputes | Feature


Michael Frisby
Those efforts reflected concerns that this disruption would be so severe that there would be a deluge of claims in litigation and arbitration. Ultimately, there was a fear that international courts and arbitral tribunals might be overwhelmed by a wave of commercial disputes and that, in turn, international commerce would suffer.
Guidance on enforcement
The government took steps to address this. In addition to financial support such as the furlough scheme, on 7 May 2020 the Cabinet Office produced ‘Guidance on responsible contractual behaviour in the performance and enforcement of contracts impacted by the Covid-19 emergency’. It encouraged contracting parties to act responsibly and fairly at each stage of the contract from the point at which a performance problem arises as a result of Covid. Similarly, the British Institute of International and Comparative Law developed its own set of guidelines.

Related Keywords

United Kingdom , British , , Civil Justice Council , Cabinet Office , British Institute Of International , British Institute , Comparative Law , Commercial Court , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் , சிவில் நீதி சபை , மந்திரி சபை அலுவலகம் , பிரிட்டிஷ் நிறுவனம் ஆஃப் சர்வதேச , பிரிட்டிஷ் நிறுவனம் , ஒப்பீட்டு சட்டம் , வணிகரீதியானது நீதிமன்றம் ,

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