Tag: COVID-19

Businesses of all sizes and consumers alike are feeling it—the supply chain has a kink, lots of worldwide kinks, actually. Goods are stuck. There aren’t enough longshoremen unloading ships, truck drivers driving goods from the ports inland, or postal workers keeping packages moving. There aren’t even enough shipping containers or cardboard boxes to keep up...

We used to think that the sections near the end of a contract were less important, more legalese than those at the beginning. And it is true that provisions everyone looks for—how much do I have to pay or how much will be paid to me, for how long will this contract last, and what...

Do you own a bar, restaurant, retail store, hair or nail salon, or other business forced to close (or limit orders to carry out, delivery, or online) when Wisconsin’s Governor instituted his Safer at Home Order or prohibited gatherings of 10 people or more? It’s time to read your businessowners insurance policy (yes, the hundreds...

In addition to reading your businessowners insurance policy ASAP, various other contracts that define your business relationships are especially important now. With COVID-19 on the rise and social distancing a critical part of “flattening the curve,” your ability to meet your business’s contractual obligations may be in question. But don’t panic, the contracts’ terms might provide answers, or at least help. Consider, for example, these key provisions: Force majeure—when performance of a contract is impossible because of acts outside the parties’ control (a.k.a.,...