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ARTICLE · 30 APRIL 2020

Push The Pause Button? Contracts And COVID-19

COVID-19 is having a dramatic effect on everyone's lives. Our thoughts go out to all those who have been infected and their loved ones. While health has to be the first priority for everyone,...

United StatesCoronavirus (COVID-19)

I. Introduction

COVID-19 is having a dramatic effect on everyone's lives. Our thoughts go out to all those who have been infected and their loved ones. While health has to be the first priority for everyone, this situation also raises significant economic and business issues. Businesses are seeing interruptions in supply, and many contracts can no longer be performed. Businesses are trying to decide whether and how to "push the pause button." Others are unable to perform their contractual obligations and are trying to determine their legal rights. This article discusses some of the legal issues that inform the decision-making process.

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II. Governmental Actions Are Restricting Business Activity

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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