COVID-19 – Impact on commercial contracts - Part 1
Unless you have a written contract with specific terms which permits termination of the contract by either party without cause, under English law there is no automatic right to terminate or cancel a contract regardless of your reasons for doing so.
Among reports of the pandemic, there has also been a reported jump in the number of requests for the drafting of Wills and Powers of Attorney, with Ian Bond TEP, chair of the Law Society's wills and equity committee, recently announcing an increase in enquiries of this nature of 30%.
As the coronavirus continues to create significant challenges for families and businesses, we want to reassure our clients of the steps that Boyes Turner have taken in order to continue to provide a high level of client service.
Below are some of the issues and questions which you might be impacting your business in light of the current Coronavirus outbreak. This summary is based on current Public Health England and government advice as at 5 March 2020.