COVID-19 Legal Issues. Legal consequences of the coronavirus pandemic, the economic impact, and a post-quarantine world fraught with multiple potential liabilities.
The COVID-19 pandemic has caused widespread economic distress, liability concerns, and additional uncertainty to businesses throughout our country. Businesses of every size and in virtually all industries are affected by the COVID-19 pandemic. Because of concerns for personal safety of employees and customers, government orders (including stay at home orders), and social distancing guidelines, many businesses have seen sharp declines in demand and revenues, have furloughed or fired employees, have shut down, experienced supply chain disruptions, are unable to fulfill financial or other contractual obligations, and/ or are forced to adopt limited or vastly scaled down operations.
With WTI crude oil futures contract for May 2020 delivery trading in negative territory in April 2020, the international petroleum market collapsed mostly because of a very sharp worldwide decline in gasoline demand. Because of high incidence of COVID-19 disease among meat processing industry workers, many meat processing plants were shut down – creating a critical disruption of the United States’ food supply. Additionally, stay-at-home orders for parents and school-age children (with schools moving to online only instruction) created a glut in demand for yeast that broke the yeast supply chain. Parents turned to baking as a boredom-tempering activity. The foregoing examples illustrate life in our society in the era of COVID-19 and the rapid changes people and businesses have to adjust to.
Essential businesses, allowed to remain open during the COVID-19 crisis, face enormous challenges keeping employees and customers safe, dealing with non-compliant customers, having enough staff and PPE (personal protective equipment), maintaining supply chains, and enacting measures and procedures to limit liability.
Legal Issues Arising from COVID-19 pandemic. COVID-19 Legal issues arising from the pandemic include business interruption insurance payment disputes between insurance companies and businesses filing claims under their business insurance policies. Additionally, we envision a significant increase in breach of contract claims resulting from failure to fulfill financial and/ or other contractual obligations, brought on or exacerbated by the pandemic.
In the era of COVID-19, during re-opening of economies in many states, and in the eventual post-COVID-19 pandemic world; businesses must implement policies and procedures to mitigate risks and reduce liability. That endeavor will depend on the type of business concern, will be very challenging, and will be very dynamic and ever evolving as the social-, regulatory-, and legal- environment change to address the new normal.The Callender Law Firm is here and well-equipped to assist you throughout this uncertain and challenging period. We will help you navigate COVID-19 legal issues and avoid or minimize bad consequences. You can count on us for reliable, cost-effective services delivered with integrity. Contact us today for a free consultation.
Breach of Contract Claims
COVID-19 legal issues will be with us for a while. Broken supply chains, diminished or shut down operations, sharp declines in demand, unavailability of workers, and severe financial distress are a mere handful of the perils most businesses are having to deal with as a consequence of COVID-19 pandemic health concerns and government stay-at-home and shut-down orders. As a direct result, many businesses are unable to fulfill financial and other contractual obligations, severely impacting commercial relationships. Businesses must address these COVID-19 legal issues sooner rather than later. If you find yourself on either side of a breach of contract issue, contact Callender Law Firm for competent, reliable legal assistance to resolve your matter and ease your concerns.
We are here to help you and your business get on the other side of these difficult and complex times. Every problem has at least one solution, and our attorneys are very good problem solvers. Put is to work for you, and you can stay focused on your business as we get the job done correctly. Our attorneys will assist you with claims or defenses.
Mitigating Risks and Reducing Liability in the Era of COVID-19
In the era of COVID-19, during re-opening of economies in many states, and in the eventual post-COVID-19 pandemic world; businesses must implement policies and procedures to mitigate risks and reduce liability. That endeavor will depend on the type of business concern, will be very challenging, and will be very dynamic and ever evolving as the social-, regulatory-, and legal- environment change to address the new normal. Business owners and managers must be proactive for their businesses to survive and thrive in the COVID-19 era. Our smart, resolute, and competent attorneys are here to help you implement effective risk mitigation and legal compliance strategies that will ensure your business succeeds in this or any environment.
Contact Callender Law Firm today for competent, reliable legal assistance to resolve your matter and ease your concerns. We will work with you to craft the best legal solutions and mitigation strategies for your business. We are licensed in Texas and New York.
