Many business organisations have faced commercial pressures in recent times resulting from Brexit, the Covid pandemic, furloughed workers, driver shortages and, most recently, rising fuel demand. With the festive season just around the corner, the potential for disruption in supply contracts is understandably in the spotlight.
This article usefully sets out the most common remedies for breach of contract. But remember, contract disputes can be a minefield. So if you encounter difficulties arising from a contractual agreement, the best step you can take is to seek legal advice at the earliest opportunity.
Almost all of us will have been affected by some kind of material shortage in recent months whether that be fresh fruit in your local supermarket or building materials for a garden renovation.
What about parties who have been unable to perform their contractual obligations as a result of these shortages? How can things be put right?