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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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
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Is the Extension of Illinois’ Stay-at-Home Order Legal?
To combat the COVID-19 pandemic, on March 9, 2020, Illinois Governor J.B. Pritzker issued a disaster proclamation as to all Illinois counties. On March 21st at 5:00 pm, Pritzker ordered our citizens “to stay home” based upon the disaster proclamation.
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How Will Coronavirus Affect Contractual Relationships and Obligations?
The coronavirus pandemic has disrupted practically every aspect of American life. Whether closed by government order or public safety concerns, millions of businesses around the country have come to a screeching halt.
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