The unfolding conflict in Eastern Europe is likely going to cause a wide-ranging impact to companies with business operations or personnel in the region. For technology and commercial contracting professionals, this means potential contract disputes, force majeure issues, business continuity implications, and cybersecurity concerns.
As we saw during the COVID-19 pandemic, force majeure clauses may again come into focus if business is disrupted. If contractual duties are prevented because of sanctions or other reasons, companies will be looking for ways to unwind contracts and handle resulting disputes.
In addition, with heightened geopolitical tensions comes increased threats of cyberattacks, causing data privacy and cybersecurity concerns for companies relying on digital operations.
To help navigate the impact of this unfolding conflict, Morgan Lewis has established a dedicated resource portal with in-depth background material and our latest thought leadership. You can also subscribe to our mailing list to receive the latest updates.