Southern District of New York: COVID-19 Can Constitute A Natural Disaster Justifying Force Majeure Defense, But The Contract Matters
By EsqSocial Corporation 24/12/20
Case law is beginning to take shape on the relationship among the COVID-19 pandemic, related government-mandated shutdowns, and force majeure clauses in contacts. There have been very few reported decisions in this arena, with courts coming out both ways on whether the COVID-19 pandemic and related shutdowns constitute a force majeure event sufficient to excuse performance under a contract......
By: Lowenstein Sandler LLP