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Initiate claims and contract dispute resolution

Business continuity & financing | Recover: Learn and emerge stronger

Navigating the impact of COVID-19 on contractual obligations

Claims & dispute resolution

This piece explores how businesses can identify, assess and manage the risks of disruption due to COVID-19 by surveying the effects of potential disruptions along the supply chain, strain on commercial relationships and the increasing 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 contractual challenges or navigate contentious scenarios to protect the future of the business and preserve important commercial relationships during this time.

Insight and lessons:

  • Put in place a structured mechanism 
  • Contractual obligations 
  • Underperforming contracts 
  • Failing to meet contractual supply obligations
  • Changed context for a transactional contract

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