Introduction

The legal implications of the "millennium bug" are astounding - even to lawyers. In legal circles it is accepted that no single "event" in the history of mankind has ever given rise to more potential litigation than Y2K and lawyers are not sure which areas of liability will arise; but it is clear that Y2K will affect all sectors of commerce and society.

It is of paramount importance to identify at least some of the potential risks of liability for SADA members and urge them to take immediate precautionary measures.

Establishing legal liability serves two functions:

Firstly, it will enable you to identify your exposure to liability and clarify the steps to be taken.

Secondly, it will enable you to identify who is responsible for the costs of upgrading your systems/equipment and whether you should demand satisfaction from a commercial or litigation perspective.