On 7 May we launched our series on ‘Contractual performance issues’ for businesses to survive lockdown and plan for the future.
We aim to help businesses address key issues to ensure that they are in the best possible position to continue to operate when we emerge from the Covid-19 crisis.
Our first guidance dealt with whether contract amendments agreed during lockdown are legally binding. A copy can be found here.
In the second guidance published today we look at duress and undue influence, and you will find a copy here.
Further guidance in this series will be published during the next few weeks, but if you have specific queries, please do not hesitate to contact a member of our Dispute Resolution team.
We have also created an initiative called “LS Unlock” to help businesses access legal advice during these difficult times. This initiative has been designed specifically to assist clients in this uncertain economic climate and is part of our commitment to working with clients to survive the Covid-19 crisis.
A variation, or a new contract, might be challenged because of the level and/or nature of pressure exerted by one contracting party over the other.