United Kingdom: Litigation, Contracts and Force Majeure

Twelve members of a crime group were convicted for fraudulently obtaining £2.4 million through Covid-19 support schemes. Authorities remain committed to prosecuting pandemic-related fraud.

A recent High Court decision shows that whether or not a material adverse change clause will be found to be triggered by Covid-19 is a highly fact-dependent question which will depend on the wording of the clause and the relevant context:

The COVID-19 pandemic has had an impact on all of our lives and many businesses over the past year but the hospitality industry has been hit particularly hard.