Leading-Edge Law: Two Key Contract Provisions to Watch in a Pandemic
“Because of the coronavirus pandemic, businesses worry about whether they can meet their contractual obligations to other businesses,” writes John Farmer in Richmond Times-Dispatch Business.
“Some worry about spending money for services or things they no longer need, or they just want to cut costs. Some vendors worry about whether they can meet contractual obligations when their workforce is down.”
“While there are many contract provisions that could come into play in a disaster, let’s look at two critical ones.”