Across the globe, the novel corona virus disease termed ‘COVID-19’ continues to take a heavy toll on human and material resources. It has also thrown the world and its population into a state of uncertainty. The economic fallout of COVID-19, coupled with the fall in global oil and commodities prices, foretell the likelihood of a global economic recession.
At Templars, a good number of our clients’ concerns border around how to mitigate the potential legal and commercial risks arising from their commercial arrangements and contracts as a result of the COVID-19 pandemic. This thought leadership discusses some of the frequently asked questions.