Skip to content

Coronavirus Disease 2019 (COVID-19) is causing unprecedented disruptions to the U.S. economy. Government officials and health professionals are predicting that these disruptions could continue through September. Businesses are having to face the challenges of operating remotely; many are cancelling non-essential travel – hampering long-planned meetings and conventions. Global supply chains are impeded as countries work to contain COVID-19’s spread.

While economic considerations are secondary to the protection of human health, they should not be ignored. Companies often allocate the risk for unanticipated business interruptions through their contracts and insurance policies. Whether you are considering recovery options or are defending against breach of contract claims, there are some important legal concepts to consider.

Read the full GT Alert, “Risk Allocation for Economic Losses from Coronavirus Disease 2019“

Tags: Contract Clauses, COVID-19, Force Majeure, Greenberg Traurig, GT Insight, regulations
Print:
Email this postTweet this postLike this postShare this post on LinkedIn
Photo of Alan N. Sutin Alan N. Sutin

Alan N. Sutin is Chair of the firm’s Technology, Media & Telecommunications Practice and Senior Chair of the Global Intellectual Property & Technology Practice. An experienced business lawyer with a principal focus on commercial transactions with intellectual property and technology issues and privacy

…

Alan N. Sutin is Chair of the firm’s Technology, Media & Telecommunications Practice and Senior Chair of the Global Intellectual Property & Technology Practice. An experienced business lawyer with a principal focus on commercial transactions with intellectual property and technology issues and privacy and cybersecurity matters, he advises clients in connection with transactions involving the development, acquisition, disposition and commercial exploitation of intellectual property with an emphasis on technology-related products and services, and counsels companies on a wide range of issues relating to privacy and cybersecurity. Alan holds the CIPP/US certification from the International Association of Privacy Professionals.

Alan also represents a wide variety of companies in connection with IT and business process outsourcing arrangements, strategic alliance agreements, commercial joint ventures and licensing matters. He has particular experience in Internet and electronic commerce issues and has been involved in many of the major policy issues surrounding the commercial development of the Internet. Alan has advised foreign governments and multinational corporations in connection with these issues and is a frequent speaker at major industry conferences and events around the world.

Read more about Alan N. Sutin
Show more Show less
Photo of Thomas G. Allen‡ Thomas G. Allen‡

Thomas G. Allen is a Shareholder in Greenberg Traurig’s International Arbitration and Litigation Group. His practice focuses on cross-border disputes in a variety of industries with an emphasis on energy, manufacturing, construction, and aviation. Thomas has wide-ranging experience in high-value international and U.S.

…

Thomas G. Allen is a Shareholder in Greenberg Traurig’s International Arbitration and Litigation Group. His practice focuses on cross-border disputes in a variety of industries with an emphasis on energy, manufacturing, construction, and aviation. Thomas has wide-ranging experience in high-value international and U.S. arbitrations. He also litigates the enforceability of arbitration clauses and arbitration awards in U.S. Courts. Thomas is a frequent lecturer on international arbitration topics and is a former adjunct professor in the international arbitration discipline. He acts as an arbitrator and has advised foreign governments and corporations in investor-state dispute settlement matters. Thomas currently serves as Vice Chair of the Dispute Resolution and Arbitration Committee of the Inter-Pacific Bar Association. He also counsels foreign and U.S. corporations on U.S. government investigations and enforcement proceedings. Prior to joining Greenberg Traurig, Thomas was a partner at another Global 100 law firm.

‡ Admitted in the District of Columbia and Virginia. Has not taken the Chinese national PRC judicial qualification examination. Not admitted in Japan.
Read more about Thomas G. Allen‡
Show more Show less
Photo of Michelle D. Gambino Michelle D. Gambino

Michelle D. Gambino is a first-chair trial attorney with a diverse practice focusing on highly sophisticated and complex commercial litigation matters with an emphasis in business, employment, construction, real estate and financial services disputes.

Michelle is highly regarded among her fellow colleagues, clients,

…

Michelle D. Gambino is a first-chair trial attorney with a diverse practice focusing on highly sophisticated and complex commercial litigation matters with an emphasis in business, employment, construction, real estate and financial services disputes.

Michelle is highly regarded among her fellow colleagues, clients, and others in the legal industry. She is known for her personal and professional commitment to get things done in the best interests of her clients and is known as a “pit-bull” in the courthouse by her adversaries. Michelle is routinely selected to represent some of the most diverse clients in “bet-the-company” type disputes and/or in highly publicized matters. In addition to working with a broad client base, she works on both sides of the docket in state and federal courts, at both trial court and appellate levels.

Michelle regularly represents Fortune 500 businesses, tech companies, municipalities, federally regulated banking institutions, developers, utilities, media companies, national retailers, insurers, and other publicly or privately held companies in matters involving breach of contract, unfair competition, fraud, misappropriation of trade secrets, breach of fiduciary duty, negligence and conspiracy.

Michelle is experienced both in drafting contracts and litigating cases involving land disputes, construction and design defects, valuation issues, bid protests, contractor defaults, termination, acceleration and delay claims, and indemnity matters. Michelle also has experience negotiating and drafting commercial leases and has represented owners and tenants in high profile lease related litigation.

Michelle represents clients on claims involving the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Equal Credit Opportunity Act, Fair Credit Reporting Act (FCRA), RICO, state consumer protection and unfair trade practices laws. She is also experienced litigating matters involving condemnation, mass tort, catastrophic losses, transportation, and telecommunications and license disputes.

Michelle routinely represents employers with respect to workplace claims arising from alleged violations under Title VII of the Human Rights Act, the ADEA, FMLA and the ADA.

Numerous decisions relating to Ms. Gambino’s representation of her clients have been published in Virginia, Maryland, Texas and the Fourth Circuit.

Read more about Michelle D. Gambino
Show more Show less
Photo of Bryan X. Grimaldi Bryan X. Grimaldi

Bryan Grimaldi counsels corporate clients, trade associations, destination marketing organizations, and public-private partnerships (P3) nationwide providing industry-specific, cost effective, outside counsel services, operational consulting, and advocacy. With deep knowledge of politics and the ability to navigate complex issues in dynamic environments, Bryan provides

…

Bryan Grimaldi counsels corporate clients, trade associations, destination marketing organizations, and public-private partnerships (P3) nationwide providing industry-specific, cost effective, outside counsel services, operational consulting, and advocacy. With deep knowledge of politics and the ability to navigate complex issues in dynamic environments, Bryan provides clients a unique perspective on how to deftly handle making an organization successful and bridge the gap between business goals and legal issues, among multiple constituencies.

Bryan develops tailored strategies for his clients as well as with businesses experiencing legal and policy obstacles with their city. He has broad experience in the travel & tourism industry, government relations, not-for-profit management and public/private partnerships.

Bryan draws from his nearly 15 years as Chief Operating Officer & General Counsel at NYC & Company, Inc, New York City’s official marketing, tourism, and partnership organization, where he led the organization on legal, business development, licensing, government relations, regulatory, and policy matters. Bryan provided strategic counsel and advised on matters that advanced the organization’s mission, while growing and protecting its funding streams.

Having served three mayors of New York City, Bryan has deep government experience, credibility, and broad knowledge of the private sector, including sports leagues, marketing firms and industry associations, particularly in relation to the travel, tourism, and hospitality industries.  He draws on his wide-ranging understanding of policy issues and the regulatory schemes of cities, states, and the federal government to represent clients in policy initiatives, transactions, and government relations matters. In his role at the membership-based trade association NYC & Company, Bryan lead the organization on legal, regulatory and policy matters with a focus on the members’ strategic objectives and provided advice on matters that advanced the organization’s mission. He was responsible for centralizing New York City’s marketing, licensing, and other intellectual properties, including the NYPD and FDNY brands.

Bryan previously served as general counsel in the Mayor’s Office of International Affairs, where he provided legal counsel and support to city agencies and senior administration officials in dealings with the United Nations, foreign governments, diplomats, and federal agencies.

Read more about Bryan X. Grimaldi
Show more Show less
Related Posts
Export
United States Continues to Escalate Sanctions Against Russia, Targeting Putin Personally and Cutting off Russia from SWIFT
March 3, 2022
Export
United States Issues Significant Bank Sanctions and Historic Export Controls Targeting Russia
February 28, 2022
US Government
The Biden Administration’s ‘Made in America’ Executive Order: A Move to Strengthen U.S. Preferences in Federal Spending
January 31, 2021