Most businesses rely on contractual relations with various external parties, including technology providers, property owners, contractors and event organizers, to operate efficiently and effectively. Contracts also help organizations to establish activities and obligations, sometimes years in advance. Even during the best of times, contracts, particularly those which set out long-term commitments of service and sale, can be complex and expensive to negotiate and perform. The onset of the COVID-19 pandemic has upended the assumptions and expectations of many contracting parties, resulting in a rising number of contractual disputes.
As we approach the end of 2020, what should businesses do to safeguard themselves from possible contractual disputes in the future? For businesses with multi-year contracts, what can be done to resolve issues proactively rather than hoping that business will return to normal in the upcoming months? When is litigation the best course of action for contractual disputes?
Join our panel of legal experts as they provide insight on contractual rights and obligations in the age of COVID-19 and beyond, with a focus on frustration of contract and force majeure.
- The principles behind the force majeure clause
- The effects of frustration of contract in a COVID-19 world
- How the courts have handled contractual claims during the pandemic
- Best practices for commercial contracts going forward and key considerations for existing multi-year agreements
- Participant Q&A
To register for this webinar, please email [email protected] or visit www.airdberlis.com.