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Home / Columns and Features / Do not expect relief of most contractual obligations due to COVID-19 (access required)

Do not expect relief of most contractual obligations due to COVID-19 (access required)

For most business law practitioners, we have had little-to-no need to revisit the concepts of force majeure, frustration of purpose, impossibility, and impracticality since completing our final examination in contracts. This orthodoxy was challenged in March, when large sectors of our economy contracted or shut down altogether by government COVID-19 orders. Businesses and their attorneys began ...

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Regional Distributors was founded in 1994 and employs about 70 people. (Provided)

Regional Distributors keep moving (access required)

For most business law practitioners, we have had little-to-no need to revisit the concepts of force majeure, frustration of purpose, ...