How do force majeure clauses and business interruption insurance affect your business in this time of COVID-19? The global COVID-19 pandemic is rapidly evolving and poses great challenges for businesses. How do existing contract force majeure clauses apply to this pandemic? How can we draft better force majeure provisions in future contracts? Is business interruption insurance coverage available if your business is closed or otherwise affected by the pandemic?
DLF attorneys Mark S. Demorest and Melissa Demorest LeDuc recently presented a webinar on these topics to a group of in-house counsel. Here is a link to the presentation slides. If you would like more information on this topic, or would like help with your existing or new contracts, please contact us. We can review your existing contracts to see if force majeure applies or help you draft contracts (or amend existing contracts).
