Business Law Breaking News is a webinar addressing real-time developments in law that may affect your practice. Get timely analysis from leading experts on new court decisions, new laws and regulations, changes to existing laws and regulations, and other current events.
Non-performance Related to the COVID-19 Crisis Under UCC Articles 2 and 9 and the CISG
June 4, 2020
1:00 p.m. - 2:30 p.m. Eastern
Each presenter will discuss issues related to nonperformance caused by the COVID-19 crisis. Enforcement of contracts and security interests can be challenging during a pandemic. Parties may not be able to fulfill their contractual obligations. It can be difficult to collect receivables in a commercially reasonable manner and conducting a commercially reasonable disposition under UCC Article 9 can be nearly impossible. The presenters will discuss issues involving impracticability, frustration of purpose, and force majeure clauses under UCC Article 2, Material Adverse Effect clauses and enforcement of security interests under UCC Article 9, and issues with contracts under the CISG including force majeure clauses, the excuse of impediment, and how to deal with delays of cargo because of the COVID-19 lockdowns.
- Candace M. Zierdt (moderator), Stetson University College of Law, Gulfport, FL
- Jennifer Martin, St. Thomas University School of Law, Miami, FL
- Martin Davies, Tulane Law School, New Orleans, LA
- Stephen Sepinuck, Gonzaga University School of Law, Spokane, WA
Presented by: Uniform Commercial Code Committee
Recent Developments in Governance Litigation & The Impact of COVID-19
June 23, 2020
1:00 p.m. - 2:00 p.m. Eastern
Corporate governance continues to be the subject of litigation, and boards of directors and the companies they serve are now under unprecedented pressures, as the COVID-19 pandemic presents unforeseen risks and causes manifold damage throughout the economy. All of this has transpired in the context of a potential “paradigm shift” in corporate governance towards considering the interests, not just of shareholders, but of “stakeholders”. At least 35 states have adopted “benefit corporation” laws to help accommodate this shift. Our panel of experts will review recent case decisions and what they may portend for the future, as well as discuss how legal advisors to boards can help them navigate through the current crisis and the changing landscape of corporate governance.
- Howard Brod Brownstein (moderator), The Brownstein Corp., Conshohocken, PA
Not an ABA member? Visit the ABA membership page or call 800-285-2221 to learn more about ABA dues.
The ABA will seek credit for this program in the states indicated on this page. The ABA will seek 1 hour of general CLE credit in 60-minute states and 1.2 hours of CLE credit in 50-minute states. Credit hours are estimated and are subject to each state’s approval and credit rounding rules. Visit www.americanbar.org/mcle for general information on CLE at the ABA.
On-Demand CLE Archive
Audio, video, and materials from Breaking News programs will available to Business Law Section members shortly after each webinar.
- Payments in Pandemics and Natural Disasters (May 12, 2020)
- Force Majeure and Frustration of Purpose: Covid-19 and Beyond (May 7, 2020)
- An Ethics Discussion on Sharing the Attorney-Client Privilege, Updated for the COVID-19 Apocalypse (April 23, 2020)
- Effect of COVID 19 on Shareholder Meetings and the Ability to Give Opinions (April 15, 2020)
- M&A in Europe: Impact of COVID-19 (April 7, 2020)