March 26, 2020
What Happens If My Business Can’t Perform Its Contract Due to the Coronavirus?
Businesses concerned about meeting their contractual obligations due to the coronavirus should review their contracts to determine their options, write Greg Lyons and Margarita Castaneda.
Many businesses are experiencing interruptions in their operations due to the coronavirus outbreak. Businesses may be unable to perform contractual obligations, or may have a vendor or customer that is no longer fulfilling its contractual obligations. Either way, it is important to determine whether nonperformance is excusable given the global pandemic.
What should you look for in reviewing your contracts? Find the discussion in What Happens If My Business Can’t Perform Its Contract Due to the Coronavirus?
Greg Lyons (Marquette 1988) and Margarita Castaneda (Marquette 2019) are attorneys with O’Neil Cannon Hollman DeJone & Laing, S.C., Milwaukee.
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