Sandbox Blog

Force Majeure Clauses - How Are Contractual Obligations Impacted By COVID-19?

Posted by Mackenzie Fennell on Apr 30, 2020 5:06:24 PM

 

There has been a lot of talk about COVID-19, contracts, and whether a pandemic is a legitimate reason to not fulfill a contractual obligation. Tenants and landlords are asking about this, insurance companies are analyzing the fine print of policies, real estate transactions and general commercial transactions could be implicated.

As part of the discussion surrounding business implications resulting from the COVID-19 pandemic, Sandbox Centre hosted platinum partner Barriston Law who lead the conversation on force majeure clauses and how contractual obligations are impacted. “Force majeure” means an unforeseeable circumstance that prevents someone from fulfilling a contract.

Hear about Barriston’s current take on this important topic, and get some tips (and traps) on wording for your future agreements.Thirsty for knowledge? Check out what Barriston is serving up below!

 

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https://www.youtube.com/watch?v=7IBmA6zdetU&feature=youtu.be

Some of the main points covered include:

  • What is a "Force Majeure Clause"?
  • Force Majeure vs. Frustration of Contract
  • Can Force Majeure or Frustration of Contract assist you?
  • Helping with drafting a Force Majeure Clause
  • Attendee Q&A

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Webinar facilitators


Chris Holmes

Chris is an Associate Lawyer at Barriston Law practicing in the areas of Business Law, Real Estate Law, and Wills & Estates. Chris focuses on the his client’s needs and goals to make sure he is giving the best possible advice and foreseeing any potential issues before they arise. Chris will provide specific insight into how clients can get peace of mind, knowing their matters are well represented during the COVID-19 pandemic.

         Justin Vanden Ende

Justin is an Associate Lawyer at Barriston Law practicing general civil and employment law litigation in both Collingwood and Barrie. Justin focuses on the details of every matter to ensure he provides clients with effective and practical advice. Justin will share his insights on how clients can navigate issues arising from the COVID-19 pandemic.

Tags: COVID-19 Resources, SBX NOW & NXT