Contracts during COVID-19
If you are in either of these situations, it is important to read your contract to determine what it says will happen in the event of an issue with performance of the contract. Many contracts include a force majeure clause. If your contract has one, review the list of triggering events to determine whether a pandemic may be covered. Some contracts, such as those in the medical field, may include this kind of specific language. However, in more traditional commercial contracts, it is rare. Still, even if the word “pandemic” is not in the list, there may be language that applies, such as a provision about what happens if the government makes an order that impacts the performance of the contract. Additionally, a catch-all type provision may be interpreted as covering a situation like a pandemic.
Whether or not a force majeure clause can be invoked because of COVID-19 varies based on the specific facts of the situation and the way the language in the contract is drafted. Also, the contract may include other requirements to invoke a force majeure clause, such as providing proper notice to the other party.
If you are searching for a way to be released from a contract or if you need to determine how to enforce a contract, please contact us so we can review the specifics of your situation and propose a plan to meet your goals.
The legal information in this blog entry is not intended to be a substitute for seeking personalized legal advice from an attorney licensed to practice in your jurisdiction. Further, nothing contained in this article is intended to create an attorney-client relationship with any reader. This article and website are made available by Waldron & Schneider for educational purposes only and to give basic information and a general understanding of the law, not to provide specific legal advice. By using this website you understand that there is no attorney client relationship between you and Waldron & Schneider. The article and website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. For more information or questions you can contact us and one of our attorneys will be in touch soon.
Throw back Thursday. In 1998, the attorneys and staff of Waldron & Schneider broke ground at the current location.
I remember that! Loved working there ❤️
I've never seen this before!
Makes me sad. But love it
Randy and Robbye ❤️
Oh wow!
Partner Kimberly Bartley writes about why a business may need a risk assessment policy in her blog.
Why do I need a Risk Assessment Policy?
www.ws-law.com
Risk Assessment Policies are a great tool to help business define areas of risk or vulnerability, both to their staff and customers.Partner Richard Simmons with his wife Jennifer and State Rep. Dennis Paul at the Space Center Rotary LEAP awards
Congratulations to partner Richard Simmons’ son Jacob and the Lakers for winning the Clear Lake Boys Basketball 2023 Championship.
Associate Attorney Shawn Williamson and his wife Kim Williamson attended the Economic Alliance Houston Port Region Annual Membership Banquet with Royal Harbor Partners Wealth Management Firm. The Economic Alliance brings together the industries main players and members of the Economic Alliance. Waldron and Schneider was honored represent the firm and it's commitment to the local economy and its businesses, small and large.