May the Force (Majeure) Be With You or Not?: Navigating Force Majeure and Business Interruption in the Age of the Virus [CC]

Learn about Force Majeure issues in the entertainment and sports industries.

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Closed Captioned. The coronavirus pandemic has interrupted business flow in unprecedented ways. Businesses have ground to a halt or been severely restricted in economic activity. The Force Majeure clause has, in some cases, become the means for businesses to allocate losses which has meant business shutdowns, “furloughs” and other disruption of cashflow for workers and employees in the entertainment and sports industries. What do Force Majeure clauses cover? What is the allocation of cost and expense under a Force Majeure clause? How do you make sure the Force Majeure clauses don’t excuse a party’s negligence or fault? What are Make Good Clauses? What is the interplay between business interruption or cancellation insurance and the Force Majeure clause? How do companies seeking to invoke Force Majeure reduce their exposure to the likely raft of litigation that will follow the return to work? What is the interplay between Force Majeure provisions and the defenses of impossibility and frustration of purpose, and commercial impracticability? What are the remedies that employees have, if any, to combat the overuse of Force Majeure clauses? This expert panel will explore these and other related issues and provide some practical solutions to theses critical questions.

Moderators

Kenneth David Freundlich

Product Code

ES2005FMCOLC

Duration

Publication Date

5/5/2020 12:00:00 AM

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May the Force (Majeure) Be With You or Not?: Navigating Force Majeure and Business Interruption in the Age of the Virus [CC]

May the Force (Majeure) Be With You or Not?: Navigating Force Majeure and Business Interruption in the Age of the Virus [CC]

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