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24 Jun 2020 Author : InfoPro Community Manager

The Lexis Practice Advisor Journal™ COVID-19 Response Edition is available. Get your complimentary copy today!

Covering today’s coronavirus issues—The Lexis Practice Advisor Journal™ Summer Edition.

 
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THE LEXIS PRACTICE ADVISOR JOURNAL™ COVID-19 RESPONSE EDITION IS AVAILABLE. GET YOUR COMPLIMENTARY COPY TODAY.

Practical guidance to assist during and after the coronavirus (COVID-19) pandemic

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INSIDE THIS ISSUE

Force Majeure and Coronavirus
The coronavirus outbreak is precisely the type of unexpected event that contractual force majeure clauses are designed to protect against. Stated simply, these clauses excuse a party from contractual obligations—such as paying commercial rent or delivering goods to a buyer—because of impracticability or impossibility of performance or frustration of purpose of the contract. Read about how the pandemic might impact future force majeure clauses and gain insight on how the courts will handle the inevitable flurry of contract disputes caused by COVID-19. Page 48.
Read this related content: Force Majeure Clause Drafting
 
Changes in How Employees Work
Even before the COVID-19 pandemic, employers had a legal obligation to protect the health and safety of their employees, customers and the general public. The pandemic brought that obligation to the forefront as “essential” businesses struggled to continue providing goods and services. As the economy reopens, the need for heightened health and safety measures escalates. Get tips on creating safe workplaces by adopting necessary measures to curb the spread or resurgence of COVID-19. Page 16.
Consider this related content: Business Continuity and Emergency Planning

 

MORE HIGHLIGHTS

Assisting Small Businesses Impacted by COVID-19
Designed to lower the costs of and improve the bankruptcy process for small businesses, the Small Business Reorganization Act of 2019 (SBRA) became effective in February 2020, in the infancy of the COVID-19 pandemic. Given the current state of events, the SBRA may provide a lifeline for small businesses impacted by the pandemic. Learn more about the SBRA, the revisions made to it by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), and how small business owners can reorganize their debts efficiently and effectively and ultimately save their business operations and livelihoods. Page 12.
See this related content: Chapter 11 Small Business Debtor
 
Seven Ways the CARES Act Impacts the Real Estate Industry
The CARES Act indirectly impacts the real estate industry in a variety of ways that could benefit and protect your clients’ interests. Learn more about business loans that help employers pay their rents and mortgages, forbearance and foreclosure moratoriums that help residential owners and tenants, and the other benefits the real estate industry enjoys under the CARES Act. Page 105.
Review this related content: CARES Act, Eviction Restrictions and Mortgage Relief

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