As we continue our battle with COVID-19, most of the world is in some form of lockdown. Many construction projects have come to a halt as workers are barred from entering sites and material and equipment are unable to be delivered as quickly as desired. With the lockdowns stretching on, it may be increasingly difficult to deliver projects according to the original schedules and extensions of time and additional costs may need to be sought.
Articles
COVID-19 – Extensions, Exclusions and The Fist Fight to Follow
Since the outbreak of COVID-19, law firms across the world have burst into print, keen to share their views as to whether construction or operational all risks policies will respond to the financial loss incurred by cover holders as a result of the interruption resulting from the virus. Many of these articles focus on the meaning of damage and, in triggering cover, whether damage has occurred. But do these articles miss the point? We say they do. But the Insurers have not. And in this article, we explain why.
The COVID-19 Virus and Funding Legal Proceedings – Unlocking Third-Party Funding to Help Businesses Pursue Claims whilst Minisiming Financial Risk
As our battle with COVID-19 continues, and with additional restrictions on the movement of people, production of goods and operation of businesses, fulfilment of commercial contracts may come under strain. Whilst apportioning the unexpected risks and liabilities, it is inevitable that contractual claims may arise during this period. Some claims may be put on hold as businesses wait for cash flow to commence legal proceedings.
The COVID-19 Virus and Employment Considerations – Key Considerations for Managing Employee Cost and Terminating Employment Contracts
As more measures are rolled out to limit the transmission of the COVID-19 virus, many businesses have been forced to minimise cost overheads to soften the blow of declining revenue streams and avoid mass retrenchment/layoffs where possible.
The COVID -19 Virus – Early Dismissal of Claims and Defences
This article considers whether Covid19 might impact on parties’ strategies in upcoming arbitrations, and in particular whether parties might be able to take advantage of the early dismissal or summary judgment procedures set out in the various arbitral institutional rules.
The COVID-19 – Singapore Allows Respite for Contractual Non-Performance
On 7 April 2020, the Singapore Parliament passed the Covid-19 (Temporary Measures) Act 2020 (the “Act”). The Act introduces new laws and amends existing laws to address the disruption caused by the COVID-19 pandemic.
In this article, we briefly summarise how the Act will impact parties’ rights and obligations under certain contracts in Singapore.
The COVID-19 Virus and FIDIC Standard Form Contracts – A Rock and a Hard Place: The Courses of Action Available to Contractors
This briefing note discusses the implications of the courses of action available to contractors pursuant to the International Federation of Consulting Engineers (“FIDIC”) standard form contracts in use throughout the construction industry, as well as the legal concept of frustration that is adopted by both English and Singapore law.
The COVID-19 Virus and Business Interruption Insurance Claims – Guidance from New World Harbourview Hotel Co Ltd & Ors v Ace Insurance Ltd & Ors
The COVID-19 virus has extended its reach across the world impacting business in all sectors of the economy. As companies look to their insurers, this article discusses the application of business interruption (“BI”) insurance and particularly whether BI insurers are obliged to indemnify losses resulting from the COVID-19 virus and, if so, how the amount of that indemnity may be calculated.