To minimise financial risks, both parties shall consider including the following clause:
“No Party shall be liable for delay, if it has exercised due professional diligence and, therefore, is not at fault for delay caused by spread of the COVID-19 virus or by any measures implemented to limit the outbreak. Party affected by the COVID-19 virus must immediately notify the other Party regarding circumstances of the delay. Party affected by the COVID-19 virus must, on request of the other Party, provide evidence for the facts given in the notice, including that the delay is caused by COVID-19 virus and that the Party has exercised due professional diligence to avoid the delay.”
Provision of legal assistance and representing property development company that focuses its operations in Riga in court proceedings and arbitration proceedings concerning non-performance of contractual obligations by a bank and liability thereof.
November 3, 2020
Legal support to Nulles Depozīts SIA, a bidder for bottle deposit system in Latvia, with corporate and regulatory matters.
October 30, 2020
Full legal support to SaaS developer Fast Law Europe including protection of trademark and execution of the software development agreement.
October 30, 2020
Provision of legal support and representing the client who specializes in full-service aircraft lease services in a dispute concerning fulfilment of a settlement and purchase and sale of shares.
October 5, 2020