Author - Kunal Dev
For businesses today, anticipating the “known unknowns,” or unforeseen events that could impact business performance, is a fact of life. In a global economy, where organizations are dependent on their overseas suppliers, these events now include diseases and quarantines, such as the coronavirus.
Do your contracts cover the anticipated issues that the arrival of a coronavirus may cause to your business? Does a global pandemic excuse your performance? Is your force majeure all-encompassing and sufficient to protect your interests? While we will discuss the above in detail, we have already covered the scope of the Act of God, Force Majeure and its applicability in current times. « Continue Reading »
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