Is coronavirus a legitimate excuse for contractors’ late performance?
It is a worldwide phenomenon that due to the epidemic, the performance of a contract generally requires more time and becomes more costly. Work contracts and construction projects are specially affected by this situation. Lawyers are frequently asked these days: which...
Has the appearance of the coronavirus in Hungary created a force majeure situation?
The pandemic has caused international and local border closures, halted production and created delivery disruptions. Such impediments materially have increased the cost and time requirements of the performance of contracts, and sometimes even rendered performance...