Does your contractor fail to meet his obligations citing blaming it on the crisis? Tatyana Slipachuk, a Partner with Vasil Kisil & Partners Law Firm, shares her tips on how to make contractors comply with their commitments during a web conference hosted b

26/02/2009

On February 25, 2009, the Web portal LigaZakon hosted a web conference entitled “Help Yourself: How to Make the Contractor Comply with His Obligations during the Crisis?”

Can the dramatic raise of the dollar versus hrivna be considered a force-major? How to minimize losses in case of the contractor’s inability to deliver goods? How to counter the attempts of ungrounded unilateral review of commercial contracts? Will the contract be performed if the contractor becomes insolvent? What provisions should be contained in the contract to mitigate negative consequences of the crisis? Dr. Tatyana Slipachuk, Partner with Vasil Kisil & Partners Law Firm and Head of International Trade and International Arbitration Practice Group, gave answers to all of the above and many other questions of conference participants.