In this tracker, we maintain a comprehensive overview of the law as it relates to a key topic at this challenging time — the Force Majeure clause. Typically included in every organization’s standard terms and conditions, the Force Majeure clause is being considered by legal teams to understand how it applies in a COVID-19 context. This tracker is a summary of the legislation, regulations, case law and doctrines, where applicable, as it relates to Force Majeure in more than 40 countries around the world.
Staying informed of the latest information will be essential in adapting to the new business landscape we are now facing.
We’ve developed additional trackers on key topics to help you monitor the global situation. You can find them on our main Tax page. EY Tax professionals are updating the trackers regularly as the situation continues to develop.
(While this document is updated on a regular basis, it has been prepared for general informational purposes only and is not intended to be relied upon as legal, accounting, tax, or other professional advice.)