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
Read More
Fired Agent Files Suit in Illinois Against Baseball Star’s Financial Adviser
J.D. Martinez of the Boston Red Sox is a Major League Baseball All-Star who earned more than $23 million during the 2019 season. Sports agents battle fiercely to represent players with that level of stature and salary. However, a prominent Chicago agent claims that a third-party financial adviser led Martinez to terminate his contract prematurely. Read More
Read More
More Contract Law FAQs
Contract law can prove quite complicated. This post addresses additional FAQs.
Read More
Contract Law FAQ
Much of our practice – both litigation and transactional – involves contracts. This blog post discusses common issues relating to contract law.
Read More
Commercial Litigation FAQs
What is “commercial litigation”? Generally speaking, we use the broad term “commercial litigation” to describe any litigation involving trade and commerce.
Read More