Italian Lease Agreements during Covid-19: Where does force majeure not apply?
Commercial lease agreements have not been spared the knock-on effects of the pandemic.
Following containment measures by Italy’s government and regional presidents, many traders and entrepreneurs were forced to suspend their activities for substantial time periods. They have suffered significant economic losses.
Since the lockdown began, one of the most important issues was to understand how to regulate commercial lease agreements and how to rebalance the tenant-landlord relationship during the epidemiological emergency.