A commuter wears a face mask as she sits alone on the subway during the coronavirus pandemic in New York, Tuesday, March 17, 2020. Photo: Ryland West/ALM
The risk of loss doctrine has evolved over the centuries, reflecting changes in corresponding legal theories. The doctrine needs to continue its evolution, this time to reflect the “new” risks of our post-coronavirus world.
April 09, 2020 at 11:00 AM
1 minute read
The unimaginable has happened: the “coronavirus,” a worldwide pandemic.
Transactional lawyers try to anticipate all likely scenarios that might impact a particular transaction. Yet no one could have anticipated that this contagion would cause such a cataclysmic disruption to our lives, businesses, institutions and public transportation, partly due to governmental measures implemented in order to stem the spread of the virus.
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