Coronavirus Disease 2019 (COVID-19) is causing unprecedented disruptions to the U.S. economy, and government officials and health professionals expect that these could continue through September. Businesses are facing the challenges of operating remotely; many are cancelling non-essential travel—hampering long-planned meetings and conventions. Global supply chains are impeded as countries work to contain COVID-19’s spread.
While economic considerations are secondary to the protection of human health, they should not be ignored. Companies often allocate the risk for unanticipated business interruptions through their contracts and insurance policies. Whether you are considering recovery options or are defending against breach of contract claims, there are important legal concepts to consider.
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