Lending During the Quarantine:Who May not Pay and for What?

Q&A about international arbitration in Ukraine

Late performance of contractual obligation is an occasional part of the business. Moreover, in light of the COVID-19 pandemic and quarantine measures related to it, such cases are much more to come. While a quarantine is a directly designated force majeure in Ukrainian law, it is far from being a panacea for all cases and all contracts: it is not that easy to establish a causal link between the quarantine and the failure to perform in due time...