The national response to the coronavirus pandemic has been overwhelming to the businesses. Entire states are enacting social distancing orders in hopes of arresting the spread of coronavirus, keeping employees at home to save them from the risk of illness or worse. Contractors should prepare for these dramatic disruptions by ensuring that their contracts adequately protect them from the ongoing shocks to the industry.
In the construction industry, force majeure clauses in contracts allocate risks and See more +
The national response to the coronavirus pandemic has been overwhelming to the businesses. Entire states are enacting social distancing orders in hopes of arresting the spread of coronavirus, keeping employees at home to save them from the risk of illness or worse. Contractors should prepare for these dramatic disruptions by ensuring that their contracts adequately protect them from the ongoing shocks to the industry.
In the construction industry, force majeure clauses in contracts allocate risks and usually come into play as a result of weather-related events, labor strikes, or natural disasters. In this webinar, construction attorney Shawn Farrell discusses the use of force majeure clauses and notice and suspension rights. See less -