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). The second dealt with duress and undue influence (a copy can be found here).
In the third guidance published today we look at the enforcement of informal arrangements and the doctrine of estoppel. 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.
Even when it is not contained in a written contract, the law may still come to the aid of an innocent party who relies on a promise which is not honoured.
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