Navigating Turbulence: How the Pandemic Impacted the Global Disputes Landscape
Tuesday, February 21, 2023
7:30 AM – 8:30 AM CST
Location: Indigo (4th Floor)
CLE: 1.0 Credit Hours
The COVID-19 pandemic has brought disruption to businesses worldwide. For instance, supply chains have been deeply affected by national lockdowns, which slowed and sometimes brought to a halt the flow of raw materials and finished goods, disturbing manufacturing. The surge in prices – from food to microchips – has rendered agreements untenable in many cases. Construction projects have been stopped and later deeply impacted by COVID-19 restrictive guidelines. As a result, disputes arose in most countries, and this panel will provide an overview not only on the types of disputes, but especially on how different legal frameworks are addressing them.
Topics to be addressed:
How are the concepts of Force Majeure, Frustration, Economic Impossibility, and others perceived in different jurisdictions around the globe?
Differences in the approach to COVID-19 related disputes: courts and arbitration.
Disputes arising out of the COVID-19 disruption (construction, supply etc.). Analysis of landmark cases.
What to expect in the future: new disputes on the horizon.