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What is the Legal Impact of the Coronavirus on Business Contracts? - Litigation News

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Litigation News

Posted on: Apr 7, 2020

By Tim Devereux, Wagner Reese LLP

According to an article written by Deloitte, business contracts, such as supply agreements, often include “Force Majeure“-clauses or provisions with respect to “acts of God." Typically, respective clauses aim at governing the consequences of cases of default in performance being related to circumstances or events, which are beyond the control of the contracting parties. The onset of the coronavirus pandemic and the government ordered closure of non-essential businesses will soon make these clauses a hotbed of business litigation. A more detailed discussion of this topic can be found here.

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