COVID-19: The potential implications for Jersey law contracts
19 March 2020
The outbreak of COVID-19 and the phenomenal rate of its spread has given rise to a unique crisis.
It provokes a wide range of commercial and contractual issues for businesses in Jersey and beyond. And no business can count on avoiding its effects.
The interpretation and construction of 'force majeure' clauses in Jersey law contracts is only one of these but a potentially very important one. Poorly advised businesses may find themselves taken advantage of. Prudent commercial parties will seek to take pre-emptive measures (where possible, pre-dispute) to protect their position and reduce disruption to their business imperatives.