Contract concerns?

Conexus Law offers the latest guidanc for companies.

“Life and business has got a lot more difficult and complicated since the classification of COVID-19 as a pandemic. As a result, all businesses are or will be looking at their financial and logistical obligations to third parties.” This is according to Ian Timlin from Conexus Law, the specialist advisory firm that provides legal and commercial advice to clients who work in sectors where the built environment, technology, engineering and people converge.

In the latest free guidance sheet that can be found on the company’s website, he is advising companies that as a first step they should check their written contracts to see if they contain any terms can help clarify things. These may include force majeure, material adverse change clauses and general break clauses.

“Companies may also want to look to see if the counterparty to the contract is going to find it difficult or impossible to perform its own obligations now or in the future (particularly in the short term). That may give them scope to negotiate sensible variations all round,” suggests Ian.

Explore the pressing issues faced by IT teams as highlighted in JumpCloud's latest report.
BlueSnap partners with Commerce to enhance BigCommerce B2B Edition with integrated ERP and AR...
m3ter enhances AWS Marketplace support, allowing ISVs to deploy complex pricing models with ease,...
Capacity Europe 2025 returns to London, uniting global digital infrastructure leaders to forge...
Local councils, charities to receive £9.5 million to combat digital exclusion and boost online...
Sage enhances their finance tech with AI-powered automation and sustainability features to...
Archive360 teams up with Neev Data to offer a unified, AI-driven data archiving solution for...
New research highlights the need for diversified mobile app advertising, urging marketers to look...