View Author March 2020
The battle against COVID-19 has caused disruptions to industries across the US. Based on the trajectory of the virus’ impact in countries like China, Italy and Spain, it appears inevitable that COVID-19 will continue to affect businesses – both large and small – for the coming weeks and months. Many of these businesses are parties to contracts that will become increasingly difficult to perform. By now, prudent business owners have reviewed their contracts with particular attention on each contracts’ force majeure clause (if not, resources can be found here and here). As businesses and their employees plan for this unprecedented time, and react to the unexpected, it is important to keep the following issues in mind.