Law Offices of Vance R. Koven | Latest Blog

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617-291-8171 | info@vancekoven.com | LinkedIn

Law Offices of Vance R. Koven | Latest Blog

May (or might) the Force Majeure Be With You?

Thursday, April 16, 2020

One of the hottest topics in business law to come out of our sequestered and economically chaotic pandemic times is whether parties to contracts (including among other things commercial leases) that have been made functionally useless by people’s inability to do business in the normal course can suspend or even cancel their obligations. In most situations they have their eyes on a ubiquitous bit of contractual boilerplate usually referred to as the “force majeure” clause. The concerns addressed here are far from academic: I've fielded plenty of questions from clients conc  ...read more