The ongoing conflict in Ukraine, and the severe sanctions imposed by governments globally in response to Russia's aggression, are having extreme effects on parties' legal obligations, and are drastically altering the...more
3/15/2022
/ Business Disputes ,
Business Interruption ,
Contract Disputes ,
Contract Terms ,
Force Majeure Clause ,
Frustration of a Common Purpose ,
Military Conflict ,
Performance Standards ,
Russia ,
UK ,
Ukraine
Section 13A of the Insurance Act 2015 ("Section 13A") implies a term into insurance policies issued or varied after that date that requires insurers to settle claim sums due within a "reasonable time". This new provision...more