Covid19 / Reviewing contracts is possible, but not always easy
Among the many legal issues raised by the Coronavirus outbreak is the question of contracts executed before the emergency, explains Marco Ventoruzzo, professor of International business law at Bocconi. “Legal systems do provide for such cases but applying these remedies is not always clear and there can be consequences of their application. And at international level the different legal systems have different interpretations of what constitutes an ‘exceptional event’.”