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COVID-19 and force majeure clauses: an examination of arbitral tribunal’s awards
Uniform Law Review Pub Date : 2020-12-29 , DOI: 10.1093/ulr/unaa027
Ş Esra Kiraz , Esra Yıldız Üstün

Abstract The coronavirus (COVID-19) pandemic has taken a toll on people all across the world in various aspects. The severe consequences of this pandemic can be seen in international trade and commercial contracts. The underlying principle of contract law is that the parties are bound by the promises given under an agreement; however, events such as COVID-19 affect the parties’ performance of contractual duties. The harsh measures, such as prohibition on importation and exportation of goods or travel bans, have seriously affected the parties’ performances. In such situations, force majeure clauses, which serve as an exemption from non-performance, come into play. This article aims to reveal how COVID-19 will be assessed in terms of force majeure and the possible attitudes of arbitral tribunals towards these cases. This assessment is undertaken in light of force majeure clauses laid under the Convention on Contracts for the International Sales of Goods, the Unidroit Principles of International Commercial Contracts, and the International Chamber of Commerce’s 2020 Force Majeure Clause.

中文翻译:

COVID-19 和不可抗力条款:仲裁庭裁决的审查

摘要 冠状病毒 (COVID-19) 大流行在各个方面对世界各地的人们造成了损失。这种流行病的严重后果可以在国际贸易和商业合同中看到。合同法的基本原则是当事人受协议项下承诺的约束;但是,COVID-19 等事件会影响双方履行合同义务。禁止进出口货物或旅行禁令等严厉措施严重影响了当事人的履约。在这种情况下,作为不履行义务的免责条款,不可抗力条款开始发挥作用。本文旨在揭示如何根据不可抗力以及仲裁庭对这些案件的可能态度来评估 COVID-19。
更新日期:2020-12-29
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