Decreased demand for products and services. Shortages in numerous supply chains. Government restrictions. Strains on the ability to use or maintain workers. As the coronavirus pandemic continues to cause a range of hardships across industries, some businesses might attempt to evade or avoid their contractual obligations.
COVID-19: Hot Topics in Navigating Contracts Amid Crisis will prepare you to advise clients about their options when contracts formed pre-pandemic are not being performed as anticipated.
Courses of action
In this timely program, Lance Duroni and Robert L. Gegios will cover a range of topics including:
- Force majeure provisions and related defenses to enforcement of contracts
- Levels of proof necessary to suspend or limit performance
- Legislative initiatives that could alter legal rights and obligations of contracting parties
Other potential relief
Insurance policies might also provide financial relief for clients whose business operations have been negatively affected by the pandemic. Discuss which insurance policies may provide business interruption and liability protections.
Protect legal rights and preserve relationships
Involving business partners in disputes during a pandemic could have unintended future consequences. While invoking a force majeure clause could benefit your business in the short term, it could also burn bridges with an important supplier or customer. Discuss some dos and don’ts of addressing supplier and customer relationships while maintaining legal rights. Explore how negotiating or mediating around COVID-19 problems could protect your clients’ relationships with business partners in the long term.
As contract issues continue to emerge, equip yourself to advise your clients with COVID-19: Hot Topics in Navigating Contracts Amid Crisis.