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Category: Breach of Contract

The Impact of COVID-19 on Performance Contracts

Posted on Mar 24, 2020 in Breach of Contract

The Force Majeure Clause: How the Coronavirus Impacts Performance Contracts The 2020 Coronavirus (COVID-19) pandemic is causing disruption to business operations as expansive, if not more expansive, than the 9/11 terrorist attacks. As these disruptions continue, parties should review their contractual obligations, rights, and remedies to assess available recourse or consequence in the event of performance delays. A careful analysis of “force majeure” clauses is important to understand in these uncertain times. When it is impossible for a party to perform its obligations under a contract because of an “act of God” or other unforeseen circumstance, the “act of God […]