COVID-19 (Coronavirus) has severely disrupted virtually every facet of the global supply chain. As companies struggle to meet their contractual obligations because of a disruption caused by the virus, they are confronted with the dilemma of invoking the contract's force majeure clause or the related doctrines of impracticability or impossibility. The issue affects both sellers and buyers of goods and services. Be prepared to advise your clients on the impact of coronavirus to its rights and obligations.
PBI presents a one-hour webinar on force majeure, impossibility of performance, frustration of purpose and other legal theories as affected by coronavirus.
Recorded on March 23, 2020.