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Posts Tagged ‘pandemic’

COVID-19 Update: Commercial Contracts

access_time Posted on: March 20th, 2020

COVID-19 has created many urgent questions for business clients, including how to handle commercial contracts.  This article outlines the issues involved and provides general information to aid in certain decisions.  Under the laws, there are multiple frameworks that might apply to your situation – explicit contract language, the UCC and the common law of contracts.  An attorney can help you determine which of those frameworks applies to your circumstance. Each situation is unique and this article does not provide any specific advice. Force Majeure Your commercial contract may contain a force majeure provision.  A force majeure provision may excuse or delay certain contractual obligations during… read more »