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Contractual Obligation During a Pandemic - Does Your Business Have to Comply?

 

Learn to assess your outstanding responsibilities in current business contracts and how to identify possible solutions during the COVID-19 pandemic.

Many businesses are facing unexpected and seemingly insurmountable hurdles in the midst of the COVID-19 pandemic. Among one of the top concerns is how businesses are supposed to honor and fulfill outstanding contracts with vendors, manufacturers, customers, renters, and contractors. Businesses must learn how to adapt quickly to unprecedented circumstances without breaching contracts and ending up in costly and time-consuming litigation. With many governors declaring states of emergency, issuing stay-at-home orders, and requiring many businesses to shut down or severely limit their activity, businesses in every sector are stuck in tough situations.
This topic will help businesses assess their outstanding responsibilities and how to navigate these trying times with skill and confidence. The information will explain critical contract terms, including force majeure, which can aid companies in evaluating what contracts requirements are still enforceable or may be excused due to unforeseen circumstances. The information will also highlight examples of contractual issues different industries have faced in recent weeks and offer guidance on how to best position your business in the face of contract disputes related to the pandemic. Every business needs to understand its contractual obligations and remedies as shelter in place continues to make it difficult for businesses to operate normally.

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Contractual Obligation During a Pandemic - Does Your Business Have to Comply?

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Contractual Obligation During a Pandemic - Does Your Business Have to Comply?

Faculty

Mark Zietlow

Mark Zietlow

Innovative Law Group

  • Attorney in the office of Innovative Law Group
  • Frequent lecturer on business law
  • Represents innovative companies on the cutting-edge of technology, retail stores, distributors, service firms, manufacturing companies, and suppliers
  • Admitted to practice in Michigan, Ohio, and the U.S. Tax Court
  • J.D. degree, The Ohio State University College of Law; M.S. degree, the Grand Valley State University Seidman School of Business; M.A. degree, The Ohio State University Graduate School of Public Policy and Management; B.A. degree, Capital University in Columbus, Ohio
  • Can be contacted at 616-392-4100 or [email protected]
Koral C. Fritz

Koral C. Fritz

Innovative Law Group

  • Legal practice concentrated in business litigation with a specialized focus on the food and cannabis industries
  • Has worked on issues ranging from environmental compliance to supply chain contract disputes
  • Assisted local businesses with regulatory compliance, licensing, and real estate issues for CBD and related business in Michigan
  • Experienced in both transactional matters and complex litigation
  • Member of the State Bar of Michigan since 2017
  • J.D. degree and master’s degree in food and agriculture law and policy, Vermont Law School; bachelor’s degree, University of Michigan
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Contractual Obligation During a Pandemic - Does Your Business Have to Comply?

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