Can COVID-19 be considered as a Force Majeure?


The coronavirus that has been lately spreading worldwide presents a number of challenges for business. To reduce the spread of the virus, Chinese and Italian companies have temporary suspended their operations. This resulted in the termination of a large part of contracts. These countries are very important business partners of Lithuania. Therefore, a question that many business are asking is: “Does the coronavirus can be considered as a force majeure?” Read more in Lithuanian…

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