The COVID-19 (the “Coronavirus”) pandemic has the potential to cause business disruptions that may make the performance of a party’s obligations under a commercial contract difficult, unprofitable or impossible. Such...more
3/17/2020
/ Business Interruption ,
Commercial Contracts ,
Commercial Insurance Policies ,
Contract Terms ,
Contracts for the International Sale of Goods (CISG) ,
Coronavirus/COVID-19 ,
Emergency Response ,
Force Majeure Clause ,
Material Adverse Change Clauses (MACs) ,
Performance Standards ,
Relief Measures ,
State of Emergency ,
Supply Chain ,
Travel Restrictions ,
Uniform Commercial Code (UCC)
To prevent the spread of COVID-19 (the “Coronavirus”), last night, President Trump announced a thirty (30) day travel suspension from twenty six (26) European countries to the United States. The suspension will take effect on...more