COVID-19: Force Majeure and Other Potential Issues Regarding Contractual Performance

On March 23, 2020, Cravath prepared for its clients a resource entitled “COVID‑19: Force Majeure and Other Potential Issues Regarding Contractual Performance.” The materials provide an analysis of legal issues related to contract performance that might arise as a result of the COVID‑19 pandemic and its impact on the global economy. They also explore how courts may assess the applicability of force majeure clauses and how clients can ensure compliance with governing laws and contract‑specific requirements to reserve their rights with respect to any such clauses. The resource then discusses other issues around contractual clauses, including industry standards, restrictions on alternative delivery and termination rights, and potential legal defenses to being unable to perform contractual obligations.

Please click here to read the resource.