By Andrew R. Schwartz | Published January 15, 2021 | Posted in Business Law, Contract Law, COVID-19 | Tagged Tags: breach of contract, COVID-19, force majeure, frustration of purpose, impossibility, impracticability | Comments Off on Can the Coronavirus Pandemic Excuse Performance of Contractual Obligations?
Can the Coronavirus Pandemic Excuse Performance of Contractual Obligations?
COVID-19 has had a devastating impact on the U.S. economy, and no less so in the Chicago area. Social distancing guidelines and other restrictions have caused downscaling and other disruption that may leave businesses unable to perform their contractual obligations in whole or in part. When faced with a claimed breach of contract, it may Read More
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Literally Taking the Case
In their December 2020 Illinois Bar Journal article, attorneys Andrew R. Schwartz and John Cerney present the following scenario: Without first consulting its lawyers, your firm’s major client, Hapless Client, LLC, entered into a horrible one-sided contract with Sketchy Business, Inc. To make matters worse, Sketchy just filed a contract claim against Hapless to enforce that contract, Read More
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Business Interrupted? There May be Coverage
Business Interrupted? There May be Coverage By John Cerney On March 15, 2020, Governor J.B. Pritzker declared a public health emergency throughout Illinois closing all “non-essential businesses” to address the COVID-19 pandemic. Many businesses insure against losses incurred due to unforeseen events like the pandemic through “business interruption coverage.” Many businesses have submitted claims for Read More
Read MoreMore Contract Law FAQs
Contract law can prove quite complicated. This post addresses additional FAQs.
Read MoreContract Law FAQ
Much of our practice – both litigation and transactional – involves contracts. This blog post discusses common issues relating to contract law.
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