News & Analysis as of

Germany Force Majeure Clause

A&O Shearman

From calm to chaos - What tariffs and other trade restrictions mean for your supply chain contracts

A&O Shearman on

The looming expiration of the “Liberation Day” tariff suspension on August 1, 2025 marks a watershed for global trade and supply chain management. The U.S. administration’s imposition of sweeping tariffs first announced on...more

Jones Day

Conflict in Ukraine: Excuses for Non-Performance of Contracts Governed by German Law

Jones Day on

Traditionally, industry in Germany has enjoyed close commercial ties with Russia and Ukraine. The ongoing conflict in Ukraine and the resulting sanctions imposed on Russia—and by Russia—will inevitably affect these business...more

Hogan Lovells

Hotel contracts - Deferred or suspended rent due to Corona

Hogan Lovells on

Does the owner bear the risk in case of bankruptcy? Due to the tense situation in the hotel industry, various lessees are currently approaching their lessors asking for deferral or abatement of rent payments for the...more

Hogan Lovells

Corona virus as a force majeure event in hotel lease agreements

Hogan Lovells on

Corona virus as a force majeure event in hotel lease agreements - Rent payment and business interruption insurance - Since the hotel industry is severely affected by the current situation due to the new corona virus...more

Hogan Lovells

Shutdown of hotel operations due to COVID-19 "Corona Virus" - Force Majeure?

Hogan Lovells on

Shutdown of hotel operations due to COVID-19 "Corona Virus" - Force Majeure? The COVID-19 "corona virus" pandemic keeps almost the whole world in suspense. The effects on the global economy are not yet foreseeable. ...more

Hogan Lovells

COVID-19 – Implications for the Indo-German supply chains

Hogan Lovells on

India’s biggest export markets are the US and the EU. In particular Germany and India have an extensive trade history with bilateral trade amounting to Euros 21.9 billion in 2017-2018. Key sectors include IT, automotive, and...more

Hogan Lovells

Coronavirus and civil procedure: Implications for the Indo-German supply chains

Hogan Lovells on

India's biggest export markets are the US and the EU. In particular Germany and India have an extensive trade history with bilateral trade amounting to Euros 21.9 billion in 2017-2018. Key sectors include IT, automotive, and...more

Hogan Lovells

Dealing with supply interruptions and restrictions due to COVID-19 in German Law

Hogan Lovells on

The coronavirus SARS-CoV-2 ("COVID-19") is a stress test for many supply chains. The associated restrictions have the potential to disrupt production processes and confront manufacturers and suppliers alike with considerable...more

McDermott Will & Schulte

COVID-19 – FAQ for Landlords and Tenants in Germany

A number of important questions arise for landlords and tenants following last week’s approval by the German Federal Council of certain planned changes in tenancy and insolvency law as part of the COVID-19 pandemic package of...more

Orrick, Herrington & Sutcliffe LLP

Finance Agreements in COVID-19 Crisis Situation

Relavant Topics in International Financings Due to COVID-19 - Overview For existing financing arrangements: - Material Adverse Effect/Force Majeure... - New utilization requests... - Cancelation of existing...more

White & Case LLP

The impact of COVID-19 on lease agreements in Germany – practical considerations

White & Case LLP on

COVID-19 is currently affecting all areas of (economic) life. Many businesses are being forced to reduce costs due to a decrease or a loss of turnover and may not be able to pay their rents any longer. For both landlords and...more

Hogan Lovells

Top 5 questions from Germany on COVID-19, contracts, and supply chains

Hogan Lovells on

1. What are general recommendations? In general, it is important to determine at an early stage which processes must be maintained, which people are needed to maintain operations and which measures are necessary to do so....more

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