Commercial Court to test validity of Business Interruption insurance claims
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Arguments over BI coverage (or the lack of) have been widespread since the outbreak of the coronavirus pandemic, which has seen an across the board shutdown of many business sectors in the UK.
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Yesterday I read an extremely worrying statistic that more than 50% of NHS midwives and maternity support staff say that they are planning to leave the health service in the next year.
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Coronavirus and force majeure clauses in construction standard form contracts
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It seems highly probable that the coronavirus pandemic itself will be found to constitute a force majeure. This will only be applicable if the contract was entered before the coronavirus outbreak. Alternatively, contracts will be “frustrated”. This means they literally cannot be performed.
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On the basis that neither party is actively seeking a way of avoiding its responsibilities, many development contracts will contain enough latitude to allow a development to complete, although this may be later than envisaged.
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COVID-19: Severe restrictions placed on corporate insolvency
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The Corporate Insolvency and Governance Bill has now been published and, if enacted in its present form, it is clear that the proposed restrictions will be wide reaching and will have a great impact on many creditors and debtors.
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Dale Edwards, a Strategic Consultant in Green Energy with national law firm Clarke Willmott LLP, shares his thoughts on the importance of the UK Government creating, developing, and implementing a clear green energy strategy for the future.