In the context of COVID-19 pandemic and subsequent establishment of the state of emergency on the territory of Romania (together with related measures taken by the Romanian authorities to contain the spread of the virus), commercial entities are facing serious difficulties in implementing ongoing material contracts, mainly due to the effects that such measures have on their activity.

Thus, by anticipating the needs of our clients, we created a step-by-step guide that could prove of helpful tool in their efforts to engage in a contract management process during the current crisis.

Given the above, the most important aspect is to have a clear understanding of the main risks this crisis could trigger over an ongoing contract, as well as of the means for mitigating such risks by using the existing contractual remedies or the supporting measures taken by the authorities to ease the economic burden created over the companies’ day-to-day business.

>> GET YOUR COPY OF THE GUIDE HERE.

Authors: Dan Ciobanu and Siranus Hahamian.