Whilst some experts and governments did the predict that a pandemic of some sort would impact the world, Covid-19 came as a surprise to most companies and individuals, causing disruptions and losses of jobs, income and productivity in many industries. This coronavirus therefore was invoked by many businesses as an event of force majeure, which would therefore justify suspension or even termination of contractual obligations. Legally speaking, it is not always the case, which is further complicated by the fact that, in a globalised world, most contracts are “international”, that is parties are in different jurisdictions and therefore subject to different rules and different adjudicating bodies.
We will look at various cases, in particular those of Vietnam, Singapore and Malta, and others with Federico Vasoli.
About our speaker:
Federico Vasoli is a lawyer and the managing partner of the international legal and tax advisory firm dMTV Global, headquartered in Singapore, and director of its Maltese and Vietnamese offices. He was previously a partner in the Italian law firm dMTV – de Masi Taddei Vasoli, based in Milan, Italy, with offices in Vietnam and Lugano, Switzerland. Federico has over ten year’s experience in international business law, international contracts, foreign direct investments, asset protection, trusts, fintech.