Corporate & Commercial, Bahamas updates

 
COVID-19: force majeure and contract frustration
Lennox Paton
  • Bahamas
  • 05 October 2020

The COVID-19 pandemic has disrupted commercial activity on a global scale, challenging contracting parties' ability to fulfil their legal obligations. Force majeure clauses and frustration principles may provide some relief to those which may otherwise incur liability because of non-performance. However, there does not appear to be any clear case law precedent for COVID-19, so it is uncertain whether the pandemic will be deemed a frustrating event by the courts.

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