Description

Learn to assess your outstanding responsibilities in current business contracts and how to identify possible solutions during the COVID19 pandemic.Many businesses are facing unexpected and seemingly insurmountable hurdles in the midst of the COVID19 pandemic. Among one of the top concerns is how businesses are supposed to honor and fulfill outstanding contracts with vendors, manufacturers, customers, renters, and contractors. Businesses must learn how to adapt quickly to unprecedented circumstances without breaching contracts and ending up in costly and timeconsuming litigation. With many governors declaring states of emergency, issuing stayathome orders, and requiring many businesses to shut down or severely limit their activity, businesses in every sector are stuck in tough situations. This topic will help businesses assess their outstanding responsibilities and how to navigate these trying times with skill and confidence. The information will explain critical contract terms, including force majeure, which can aid companies in evaluating what contracts requirements are still enforceable or may be excused due to unforeseen circumstances. The information will also highlight examples of contractual issues different industries have faced in recent weeks and offer guidance on how to best position your business in the face of contract disputes related to the pandemic. Every business needs to understand its contractual obligations and remedies as shelter in place continues to make it difficult for businesses to operate normally.

Date: 2020-04-27 Start Time: End Time:

Learning Objectives