Brodies Oil & Gas Academy: Contracting in times of uncertainty

2020 has seen times of great uncertainty. With the Brexit transition period for the UK due to expire on 31 December 2020, the global economy severely impacted by the COVID-19 global pandemic and the potential for further disruption to come in an increasingly uncertain world, contracts need to be reviewed to check that they are appropriate and sufficiently flexible to meet the challenges that lie ahead.

This session will provide an overview of key considerations:

• Brexit – what’s happening and what might it mean for contracts?
• International data transfers – the CJEU decision in Schrems II – what does it mean for data transfers to the UK?
• Future-proofing contracts - key contractual terms and drafting tips