Australia: COVID-19: Checklist for current and future contract negotiations
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.