Dusseldorf In the law firm Ritter Gent, the nervousness of the clients can be felt. “In the energy-intensive industry, there is great concern that the gas will stay away,” says lawyer Yvonne Hanke. It is the fear that Europe could boycott Russian gas because of the Ukraine war that worries both the gas suppliers and their major business customers.
Above all, manufacturers of steel or glass, but also food or medicines – those that consume enormous amounts of energy during production – would be affected by a delivery stop. They are already suffering from the high prices. Should Europe suddenly impose a gas boycott, there is a risk of production being interrupted in many cases – with consequences. “If certain companies no longer receive gas, we will end up talking about claims for damages or even insolvencies,” says Hanke.
Companies all over Germany are therefore turning to law firms and want to know: who bears the risk if gas supplies from Russia fail to materialize?
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
further
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
further