The crisis in the Middle East has been unfolding now for several months and we have been seeing the effects on local businesses and employers.
The peace deal announced last week is welcome news, but the impact of the war will likely continue to be felt for some time – through protracted supply issues, higher costs and slower turnaround and delivery times.
In this bulletin, our Commercial Law team provides some tips and guidance for businesses that are continuing to navigate the impact of the war.
- ‘Force majeure’ may soon become the phrase 'de jour'. Mitchell Zadow, Managing Principal and Accredited Commercial Law Specialist, explains what this means for businesses and contractual arrangements.
- The recent USA/Israel–Iran conflict demonstrates how global events can rapidly disrupt Australian workplaces and challenge standard business operations. Employment Lawyer Anthony Sangster Robles explains.
- Business like certainty and when it comes to the supplying goods or undertaking projects. While contracts may include allowances for a change in market conditions, it is rare for contracts to account for international conflicts and their consequent effects. Commercial Lawyer Mehraaz Sidhu outlines some common dilemmas for business owners.
