Coronavirus. Credit: Bloomberg
Supply chains and force majeure exemptions are coming under the spotlight as the virus continues to spread.
February 27, 2020 at 06:28 AM
1 minute read
The original version of this story was published on Law.com International
Top lawyers say that they are expecting a windfall in restructuring and litigation mandates as the global economy continues to be damaged by the ongoing spread of coronavirus.
The virus, officially known as COVID-19, has infected nearly 78,000 people globally, according to the latest statistics from the World Health Organisation. It has also wiped billions of dollars off the global economy by damaging supply chains. The Dow Jones Industrial Average has fallen 6.6% since the start of the week.
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