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Wuhan Coronavirus COVID-19 And Your Business Contracts

Many business agreements have force majeure clauses that handle certain “acts of God,” such as tornadoes and earthquakes. But do your business contracts cover pandemics like the Wuhan coronavirus COVID-19?

What if you can’t perform timely (or at all) because this pandemic prevents your workers from delivering (e.g. quarantine)? Or what if the other party can’t deliver because the coronavirus has interrupted the supply chain indefinitely (or permanently)?

You can always amend your existing agreements to reflect what’s happening today with COVID-19.

And for your future contracts, be sure to have an experienced business lawyer craft your force majeure clause so that you’re protected.

 

Mike Young, Esq.

Author Mike Young, Esq.

Mike Young has been practicing business and technology law since 1994 and is an angel investor in startups. He's been an entrepreneur since 1988. To get legal help from Attorney Young, click here now or call 214-546-4247 to schedule a phone consultation.

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