Does the Coronavirus (COVID-19) Qualify as “Force Majeure” in a commercial contract?

The Coronavirus (COVID-19) pandemic may allow some businesses to avoid complying with certain contracts if the pandemic or resulting governmental regulation creates a situation where the business cannot meet its obligations. Of course, the specific language of the contract is key. What is a “Force Majeure” clause? A force majeure clause is a contractual provision…

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Will Business Interruption Insurance Cover Coronavirus (COVID-19) Losses?

A business interruption insurance policy may cover losses arising from the coronavirus (COVID-19) pandemic. The extent of the coverage, if you have it, will depend on the terms of your specific policy. Here’s what most small and mid-sized businesses need to know about business interruption insurance: What is Business Interruption Insurance? Business interruption insurance protects…

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What is the Families First Coronavirus Response Act?

The Families First Coronavirus Response Act (or FFCRA) is a law passed by Congress on March 19, 2020 in response to fears about employers laying off employees on a large scale due to the COVID-19 pandemic.  The law primarily impacts employers with fewer than 500 employees and its provisions are set to go in effect…

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