Supply chain

Opinion: Retailers may face further pain from force majeure disputes

By 2020-03-27T06:00:00

Lucy Ward

In little more than a week, the retail landscape in the UK has suffered unprecedented upheaval. When the dust has settled, the fallout from the Covid-19 outbreak may turn out to be one of the most significant economic events for a generation.

Retailers, and businesses throughout their supply chains, are understandably apprehensive about the immediate and mid-term future.

The future of a business, and the economic prospects for its staff and owners, can depend on taking swift steps at an early stage, but the coming weeks will see a substantial number of breach-of-contract and damages claims in the retail sector.

 

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