Timo Kullerkupp writes about contractual relationships in times of pandemics and emergency situations
From time to
time, it is worth taking a step back from the urgencies of daily life and look
at the bigger picture to decipher the impact of the global pandemic on the
organisation of society more broadly, as well as the new normality in business
and legal relationships in the post-crisis period.
Timo Kullerkupp discusses the meaning of contractual relationships and
agreements during and after a pandemic on the portal Edasi.org.
contractual relationships are the most resilient? What trends and challenges
await businesses in the future, and how may legal relationships be regulated in
the post-pandemic “new normality”?
“The coronavirus is attacking not only our immune system, but society at large, including the rule of law and the way in which legal relationships have been regulated for years. Legal relationships should be a guarantee of stability. But it seems that the standards of stability are changing. We do not know how many such pandemics lie ahead. We can predict nothing except the fact that more will come. The variables that are regulated will change. The variables that are valued and desirable will also change.”