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Speakers:

Peter Bullock, Partner, King & Wood Mallesons

Urszula McCormack, Partner, King & Wood Mallesons

COVID-19 and supply chain disruption: Can you rely on force majeure?

Businesses large and small are smarting from the effects of novel coronavirus (COVID-19), but the position can be exacerbated by delays, outages and disputes caused by problems with upstream and downstream counterparties.

Peter Bullock and Urszula McCormack, partners at international law firm King & Wood Mallesons, will review the following, to unpack these thorny issues:

• What is force majeure and how does it work?
• Does COVID-19 constitute a force majeure event, and what are the parameters within which it might?
• Is your contract frustrated, and what does that mean?
• How does this interact with de-coupling?
• Can it apply so as to permit delayed payment?
• Do regulators get involved?

 There will be ample time for question and answers after a 25-30 minute presentation via Zoom.

Details on how to join this webinar will be sent via email within 24 hours of the webinar start time.

About the speakers

Peter Bullock is a partner in the Hong Kong office of King & Wood Mallesons with a leading Technology practice. He advises on regulatory areas such as cyber risks, data law, FinTech and the digital economy, as well as employment law matters. Peter handles tenders, sourcing, data centre outsourcing, business licensing and IP exploitation and enforcement assignments

Peter’s background is in risk management and litigation, for clients in the IT and telecommunications sectors. He acts for major information technology and telecommunications brands and for investors in and users of TMT systems and services. He advises on issues surrounding cloud services, cyber security and crisis response, relationships with regulators and TMT compliance.

Urszula McCormack is a financial regulatory lawyer, and one of the leading fintech and blockchain specialists globally. Urszula advises global banks, custodians, multilaterals, virtual asset issuers, developers, payment providers, asset managers and innovators on new products, compliance and licensing. In the financial crime arena, Urszula advises on digital identity, AML/CFT controls and sanctions. Across the spectrum, Urszula advises on privacy regulation, digital transformation and algorithmic design. Urszula is a member of the SFC Fintech Advisory Group, Fintech Association Policy & Advocacy Committee, ASIFMA Fintech Working Group and multiple other international policy fora, and regularly invited to brief governments, regulators and transnational bodies on emerging technologies. Urszula is admitted to practice law in Australia, England & Wales and Hong Kong.

Pricing

• Member: Free of charge
• Non-Member: HK$140

Terms & Conditions

• Reservations in advance are required. Please consider your booking confirmed unless notified otherwise.
• Cancellations must be made in writing 24 hours prior to the event. No shows will be charged.
• This event is closed to the media.
• The event will be cancelled if the No.8 Typhoon signal or the Black Rain Storm warning is in force.
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• For further information please email [email protected]
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