Law.com Subscribers SAVE 30%

Call 855-808-4530 or email GroupSales@alm.com to receive your discount on a new subscription.

Features

Drafting a Fair Force Majeure Provision In the Wake of COVID-19 Image

Drafting a Fair Force Majeure Provision In the Wake of COVID-19

Scott R. Lippert & Darcy Baboulis-Gyscek

Only a handful cases have addressed force majeure clauses in commercial real estate agreements in the wake of the pandemic, which has produced conflicting views as to whether performance was excused.

Features

Underwriting Adjusts As Pandemic Continues Image

Underwriting Adjusts As Pandemic Continues

Erika Morphy

Underwriting clearly has been affected by the pandemic-led downturn. Lenders are using higher vacancies and reserves to underwrite, leading to more conservative loan proceeds.

Features

A Unique Solution to COVID-19-Related Delays At the U.S. International Trade Commission Image

A Unique Solution to COVID-19-Related Delays At the U.S. International Trade Commission

Robert Angle & Brittanee Petrik

In the wake of the COVID-19 pandemic, the ITC was forced to suspend in-person hearings and halt its fast-paced schedules while it explored existing technological resources and reliable and secure options available for video conferencing that would protect parties' confidential business information (CBI).

Features

COVID-19 Related Governmental Shut Down Order Triggers Force Majeure Provision In Restaurant Leases Image

COVID-19 Related Governmental Shut Down Order Triggers Force Majeure Provision In Restaurant Leases

Marisa L. Byram

While commercial leases and the force majeure clauses contained in such leases vary widely, a recent decision from the United States Bankruptcy Court for the Northern District of Illinois may provide guidance to parties and help them to resolve similar disputes without resorting to the courts.

Features

COVID-19 Related Governmental Shut Down Order Triggers Force Majeure Provision In Restaurant Leases Image

COVID-19 Related Governmental Shut Down Order Triggers Force Majeure Provision In Restaurant Leases

Marisa L. Byram

As we all expected, cases are being brought and decided on the issue of whether the COVID-19 pandemic and related governmental shut down orders trigger force majeure clauses in commercial leases and operate to excuse the performance of commercial tenants. While force majeure clauses vary widely, a recent decision from an Illinois Bankruptcy Court may provide guidance to help resolve disputes without resorting to the courts.

Features

Does Force Majeure Apply? Answering Questions About Contracts in the Time of Coronavirus Image

Does Force Majeure Apply? Answering Questions About Contracts in the Time of Coronavirus

ljnstaff

New ebook from ALM's Law Journal Press addresses clients' questions about the enforceability of contracts in the wake of COVID-19.

Features

Preparing for the LIBOR Phase Out: Contract Remediation Starts with Contract Intelligence Image

Preparing for the LIBOR Phase Out: Contract Remediation Starts with Contract Intelligence

Ryan Drimalla & Karl Dorwart

The London Interbank Offered Rate has long been the global basis for agreements that include a variable interest rate component. However, LIBOR would be replaced by other benchmarks by the end of 2021. Key to assessing risk of exposure, quantifying the financial impact, developing remediation plans and communicating material information to stakeholders will be the identification, analysis and remediation of LIBOR-based contracts.

Features

Does Insurance Policy Cover Media Office COVID-19 Closure? Image

Does Insurance Policy Cover Media Office COVID-19 Closure?

Howard B. Epstein & Theodore A. Keyes

According to news reports, and judging from the plethora of lawsuits filed seeking insurance coverage for lost income incurred as a result of the COVID-19 pandemic, insurance companies are for the most part denying claims for business interruption losses. The type of insurance claim at issue may make a difference.

Features

Is Cyber-Risk Insurable? Image

Is Cyber-Risk Insurable?

Nina Cunningham

In an environment of moving targets, it seems unimaginable that insurance against cybersecurity attacks can be robust enough to provide real protection. There are many types of risks involved, and some include physical damage to property.

Features

Cyber Risk Assessments are a Critical Component of All Cybersecurity Programs Image

Cyber Risk Assessments are a Critical Component of All Cybersecurity Programs

Collin J. Hite

Many companies remain overwhelmed by the prospect of developing a cybersecurity program. Too many still see cyber crime as an IT issue, and simply defer to that department. Cybersecurity is most definitely an information security issue and it must be treated as such. Failure to recognize this concept almost ensures a weak cybersecurity program that remains highly vulnerable to breaches.

Need Help?

  1. Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
  2. Need other assistance? email Customer Service or call 1-877-256-2472.

MOST POPULAR STORIES