The " Black swan " of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect all areas of business without exception. Even if the judicial system were functioning normally, these circumstances would lead to serious failures in its work – first of all, to an increase in the time frame and a decrease in the quality of case handling.
Meanwhile, on March 18, 2020, due to the threat of spread of infection, the Presidium of the Supreme court of the Russian Federation issued a decree restricting the consideration of cases and the acceptance of documents by the courts. Restrictions are imposed for the period from 19.03.2020 to 10.04.2020. It is obvious that if the coronavirus infection continues to spread, the restrictions will be extended.
These circumstances require actions aimed at reducing the risks and minimizing possible damage to businesses. In particular, we recommend you to conduct an inventory of existing obligations, identify those that require changes, and initiate the appropriate procedures.
Author: V. Komarov, GRATA International, Russia. St.Petersburg
Please contact us at email@example.com and firstname.lastname@example.org