Some recent media reports have suggested that whether business interruption (BI) insurance is triggered depends on whether the Government ordered the business to be closed. Coverage in any particular case depends on the wording of the relevant insurance policy, but in general BI insurance does not work in the way ...
Tag: Covid-19
Indonesian COVID-19 Vaccines to Undergo Strict HumanIndonesian COVID-19 Vaccines to Undergo Strict Human
Indonesian researchers and authorities have assured that COVID-19 vaccine testing on animals and humans will meet ethical standards and undergo strict procedures, as animal rights organizations have objected to animal testing in formulating the vaccine. Indonesia is trying to fast-track the local development of a COVID-19 vaccine. It has established ...
Is There A Force Majeure Defense Based on Novel Coronavirus (COVID-19) to Avoid Obligations Under Contracts?Is There A Force Majeure Defense Based on Novel Coronavirus (COVID-19) to Avoid Obligations Under Contracts?
The direct and indirect effects of COVID-19 disease will cause many persons and businesses to fail to meet obligations under their contracts. Do COVID-19 issues provide a force majeure defense to avoid contractual obligations? Force Majeure “Force majeure” translates from French as “superior force”. As a legal concept, force ...
COVID-19 Reshapes Employment LawsCOVID-19 Reshapes Employment Laws
By : Sidney L. Gold During these times of uncertainty in our country, many laws are changing and daily life that we once knew is currently on hold. The Coronavirus (COVID-19) has required many employers to either close their offices or implement new rules during the work day to protect ...
How Covid-19 Could Impact Business Contract Become Force MajeureHow Covid-19 Could Impact Business Contract Become Force Majeure
These past few weeks have been a busy week for the Indonesian government as it continues to battle the spread of Covid-19. Some of the regulatory measures that were issued in recent days include regulations on public health emergency, massive social restrictions and state finance and financial system (Presidential Decree ...