Karanović & Partners is pleased to share a global Force Majeure Overview, covering 36 countries.
The outbreak of COVID-19 combined with restrictive measures imposed by governments around the world caused major disruptions to businesses and their ability to perform contractual obligations. In collaboration with our colleagues from leading law firms abroad, we participated in a study that presents how force majeure is regarded across the globe. This includes, in particular, questions whether there is a legal definition of force majeure if such definition includes epidemics and/or pandemics, and how force majeure is proven in practice.
This overview can be found here and it covers the following countries: Australia, Bolivia, Bosnia & Herzegovina, Brazil, Cambodia, China, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Ecuador, Estonia, Finland, France, Germany, Hong Kong, Hungary, India, Ireland, Israel, Italy, Lithuania, Malta, Montenegro, Netherlands, North Macedonia, Norway, Poland, Russia, Serbia, Singapore, Slovenia, Sweden, Ukraine, Uruguay.
Sincere thanks to all the contributors and feel free to contact our team in case of any questions.