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Impact of COVID-19 on Supply Chain Contracts and Responding to Force Majeure Claims

By: Alexander T. Kay and Joseph E. Tierney IV Has COVID-19, the coronavirus, caused supply chain problems for your business?  Review your contracts for a “force majeure” clause.  A force majeure clause is a common provision in contracts.  It is a contractual provision allocating the risk of loss if performance becomes impossible or impracticable, especially...