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| Al-Ammar, Essam A. |
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| Mazalan, Nurul Aliah Amirah |
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| Macharis, Cathy | Brussels |
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| Arunasari, Yova Tri |
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| Nunez, Alfredo | Delft |
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| Bouhorma, Mohammed |
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| Bonato, Matteo |
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| Autor Correspondente Coelho, Sílvia. |
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| Campisi, Tiziana | Enna |
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| Sánchez-Cambronero, Santos |
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Arunasari, Yova Tri
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document
Impact of Covid-19 on the Principle of Force Majeure in A Cross-Border Contract
Abstract
The Covid-19 pandemic has caused a decline in the economy of most of the world community. As a result, many parties must appropriately perform their obligations in their agreements. This situation has led to the idea of implementing the force majeure clause in the contract based on the Covid-19 pandemic situation. There are many arguments about whether this pandemic is automatically the basis for force majeure. In addition, there is also the thought of mixing the hardship criteria in the force majeure clause in a contract. The research method used is primary and secondary data. From the research results, it is formulated that the rebus sic stantibus principle can be used as a basis for canceling or delaying a consideration in a cross-border contract, and the solution for regarding the fulfillment of consideration during the Covid-19 pandemic is to renegotiate the contract.
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