Force Majeure: Practical Implications in Times of Crisis

14 Jul 2020

Online English
Start: 09.00 (CET) 15:00 (Hong Kong/Singapore)

An Initiative of the ICC’s Belt & Road Commission

Businesses around the world face increasing pressure from external factors, such as the ongoing global health pandemic and trade disputes. Credit risk and contractual disputes are on the rise and the legal concepts of force majeure and frustration of contract have taken on increased importance.

In this webinar presented by the ICC Belt and Road Commission, a panel of experts will look at the practical implications of the current crisis and will analyze a series of factual scenarios and applicable legal principles. In addition, the experts will discuss best practices for businesses to prepare for disputes arising out of breaches of contract, including how to draft relevant clauses.

Who should attend?

  • All in-house counsel
  • legal practitioners
  • arbitrators 
  • and academics interested in the field of dispute resolution. 
  • business people who wish to learn more about arbitration as an option for Dispute Resolution.
  • Introduction – application of force majeure in times of crisis
  • Discussion of factual scenariosPractical steps if disputes are inevitable
    • Application of legal concepts to factual scenarios
    • Elements of force majeure and whether it can be a double-edged sword
    • Granting short-term concessions, without waiving long-term rights
    • Frustration of contract
  • Preparing ahead – drafting of relevant clauses
  • Q&A

Abhinav Bhushan

Director, ICC Arbitration and ADR, South Asia, ICC International Court of Arbitration

Susan Munro

Managing Partner, Steptoe & Johnson (China); Co-Chair, ICC’s Belt & Road Commission

Robert Pe

Independent Arbitrator, Arbitration Chambers, Hong Kong; Member, ICC International Court of Arbitration; Co-Chair, ICC’s Belt & Road Commission

Fabian Roday

Counsel (Dispute Resolution), Fangda Partners, Hong Kong

Andy Soh

Chief Legal Officer of Kuok Group

For further information, please contact:

Abhinav Bhushan