Managing Covid-19
Contracts and COVID-19: FAQs about the impact of the pandemic in German law
Published on 5 May 2020
The coronavirus emergency raises questions about contractual obligations and relationships in German law, and the application and flexibility of these rules in response to the crisis.
The COVID-19 crisis and the accompanying global governmental restrictions are likely to affect the ability of companies to perform their contractual obligations as well as cause a substantial decline in revenues.
This Insight sets out typical contractual and key statutory provisions of the German civil law dealing with extraordinary situations such as the COVID-19 pandemic.
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