📰 The global pandemic has caused huge declines in businesses, and business partners are unable to meet contractual obligations.
Many licences, including IP licences, contain force majeure (act of God, e.g. disaster) clauses that excuse non-performance in the event of a disaster or other unforeseeable occurrence outside either party’s control that contracted terms cannot be fulfilled. Covid-19 may be such reason.

ℹ️ Source: https://www.ipwatchdog.com/2020/04/13/impact-covid-19-ip-contracts/id=120534/