“Frustration, it is a common mistake”

Thomas Johnson‘s recent article “Frustration, it is a common mistake” – Termination of agreement arising from Covid-19, was republished in the May edition of the British Malaysian Chamber of Commerce’s newsletter and on their website:

Governments around the world have taken extraordinary measures to curb the novel and mutating Covid-19 to alleviate its economic consequences. In the struggle to get a grip on the virus’s devastating effect, businesses, large and small, are taking matters into their own hands and exploring ways to mitigate losses by terminating commercial agreements which have been rendered redundant or simply no longer viable. Many seek to do so without risk or penalty. The doctrine of common mistake may, in certain circumstances, provide the answer that companies are looking for…

Read the 11th May edition of the British Malaysian Chamber of Commerce’s newsletter. More information on the BMCC and the services it offers, please see their website.

Read Thomas Johnson’s original article here.