The governments of Canada, British Columbia and Saskatchewan have all recently announced new initiatives to support agribusinesses.
Prime Minister Trudeau recently announced new measures to assist agribusinesses, $252 million in federal funding and an increase of $200 million in borrowing capacity to support agribusinesses.
This update explores clause parameters related to New York law, the common law doctrines of impossibility and frustration and Uniform Commercial Code.
On 23 April 2020, the Victorian Parliament was called back for a single sitting day to consider a raft of bills in response to the COVID-19 pandemic.
On April 17, the Canadian Food Inspection Agency (CFIA) announced it reached a temporary agreement with the U.S. Department of Agriculture (USDA) around the import and export of animal products between Canada and the United States.
The current COVID-19 crisis has highlighted how many contractual rights and obligations can be impacted by circumstances outside a parties’ control. Some contracts do not contain adequate protections to respond to these situations, leading to instances where parties are in a breach of contractual obligations and potentially exposed to claims for damages or termination. We have compiled a checklist of important considerations and clauses that may help below.
Impacts for pharmaceutical companies in practice?
On April 8, 2020, the European Commission published a communication setting out a temporary framework for analyzing agreements entered into between competitors whose purpose is to address the urgent needs arising from the health crisis (the Temporary Framework).
While the COVID-19 pandemic continues to create significant uncertainty, certain manufacturers have re-tooled their existing manufacturing operations to assist the health care sector.
Practice areas:
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