Claims and dispute resolution
As the effects of the COVID-19 are felt around the world, governments’ and businesses’ primary focus is the safety of their people. While this focus will continue, we are seeing several of our corporate clients now facing weeks, if not months, of uncertain trading conditions. Whether it is your business, your supplier’s business or your customer’s business, there is potential to suffer disruption along the supply chain, putting strain on commercial relationships and increasing the risk of failing to meet contractual obligations. Whatever the circumstance, it is important that businesses are thinking ahead to be in a state of readiness to resolve those contractual challenges or navigate contentious scenarios to protect the future of the business and preserve important commercial relationships.
Whether your priority is preserving a commercial relationship, achieving an advantageous commercial outcome or just limiting financial damage to your business, our experience shows that businesses are most successful when they put in place a structured mechanism:
A carefully considered approach at the outset will enable the business to proactively address challenges and to put its ’best foot’ forward.
Failing to meet contractual supply obligations
Changed context for a transactional contract
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