With the new restrictions on travel and movement that came into place on 23 March in the UK with the intention of containing the Covid-19 pandemic, where does this leave your business in respect of obligations owed to third party businesses?
Many consumer-facing businesses rely on third party suppliers. This is particularly the case in the events and hospitality industry.
But being the intermediary company in current circumstances causes a wide range of legal issues to arise. Putting aside consumer rights, some of the things you should be thinking about in respect of your business-to-business contracts are:
With any luck it is possible that some if not all of your third party suppliers will value and recognise your partnership and be willing to reach a commercial agreement as to the way forward. But, in agreeing to any such agreement, be aware that it may constitute a variation of your contractual terms going forwards, which may not be so desirable when you return to business as usual.
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