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Business Interruption Risk Management Coronavirus/COVID-19

Alston & Bird

Insurance Insights for the Cold, Dark Winter Nights

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Welcome to the latest issue of Insurance Insights, a gathering of notable legal developments and trends relevant to the insurance industry. In this issue, fires alter the landscape of California insurance, an expert’s...more

Ankura

How to Create a Lean - Yet Secure - Supply Chain in Today’s Uncertain World

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A recent survey found that 87% of supply chain professionals plan to invest in resilience in the near future, which is no surprise given the amount of global events which have shocked supply chains recently. Political...more

Esquire Deposition Solutions, LLC

COVID-19 Litigation: Clear Sailing or Calm Before the Storm?

The last time we looked at litigation arising from the COVID-19 pandemic, it appeared that businesses and their insurers faced a grave risk of being buried by COVID-related lawsuits. So far, however, the worst fears within...more

Dorsey & Whitney LLP

Current Bank Capital and Enforcement Action Considerations

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Because of the devastating effect that the COVID-19 pandemic has had on the entire U.S. economy, the federal Bank Regulators have warned of the possibility that small, medium and large banks may soon be forced to recognize...more

Bowditch & Dewey

[Webinar] New Contracts: Pandemic Impact on Contract and Transaction Due Diligence - October 27th, 3:00 pm - 4:00 pm ET

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During times of economic turbulence and commercial uncertainty, your business team and corporate counsel are well advised to undertake a more deliberate and thorough due diligence process when entering into contract and...more

Vinson & Elkins LLP

The Pandemic Lessons: The Future Of ESG And How It Will Define Business Success

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The rapidly increasing importance of a company’s environmental, social and governance (ESG) performance to its business value, has been a critical trend leading into 2020. This trend was accelerated by the COVID-19 pandemic,...more

Lowenstein Sandler LLP

Covid-19, Force Majeure, And Impossibility—Still A High Bar To Win

In the wake of Covid-19, litigants have increasingly sought to excuse contractual performance by invoking force majeure clauses or the doctrine of impossibility. Yet despite the numerous (and creative) Covid-19-related...more

Proskauer Rose LLP

Cyber Insurance Needs in the Pandemic Landscape

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While most of society struggles to flatten the curve, treat the sick and restart the economy, regrettably, some bad actors have used the COVID-19 emergency as an opportunity to exploit vulnerabilities for personal gain. One...more

Best Best & Krieger LLP

Best in Law: Contracts During the COVID-19 Pandemic

BB&K Attorney Todd Gee Shares Key Actions During a Pandemic in the Southern California Newspaper Group - The COVID-19 outbreak is a striking example of how something unexpected can upend a wide variety of industries in an...more

Nutter McClennen & Fish LLP

COVID-19: Protecting Your Business from Distress

Q: As business owners grapple with the uncertainties caused by the COVID-19 pandemic, could you outline a “to do” checklist? John G. Loughnane: There are five keys for resilient owners: 1) Focus on cash – ensure you have...more

Lowenstein Sandler LLP

Preparing For COVID-19 Insurance Claims

The COVID-19 pandemic has created a public health and economic crisis of unprecedented magnitude. In the coming weeks and months, it will also lead to insurers, regulators and policyholders clashing over claims issues...more

Society of Corporate Compliance and Ethics...

Compliance Perspectives: Compliance During a Business Interruption

Today’s it’s the COVID-19 Pandemic. A year from now it could be a natural disaster. But whatever the reason, even during a business interruption compliance programs still have to function effectively. Don Griffith, Head of...more

Burr & Forman

Insurance Coverage for Cybercrimes in the Wake of COVID-19

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Attorneys are well aware of the ways in which corporate clients are increasingly conducting their business and affairs electronically. A business may routinely place orders with trusted vendors via e-mail, rely on the...more

Seyfarth Shaw LLP

Reemergence of the Doctrine of Temporary Impracticality or Frustration Under Section 269 of the Restatement (Second) of Contracts...

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When trying to understand the full impact of COVID-19 on existing contractual obligations, parties will likely first consult force majeure provisions in their contracts to assess their rights or liabilities for continued...more

Bennett Jones LLP

COVID-19: Material Adverse Change in a Canadian M&A Context

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The unprecedented suddenness and uncertainty of the impact brought on by COVID-19 has many businesses re-evaluating their business strategies, business continuity plans and transaction proposals. In particular, businesses...more

Katten Muchin Rosenman LLP

Force Majeure: Friend or Foe Amidst COVID-19

This Katten advisory considers how UK businesses could seek to rely on the principles of force majeure or frustration to suspend or end performance of contractual obligations (without liability) should that be required in...more

Troutman Pepper Locke

Privacy And Cybersecurity Work From Home Considerations In The Context of Coronavirus

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We want to enable our personnel to work from home during this health crisis. What do we need to worry about from a privacy and cybersecurity perspective? 1.Equipment. Personnel working remotely will need equipment, and you...more

Fox Rothschild LLP

CISA Makes Major Changes To Its Essential Infrastructure Workforce Guidance

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Several states that have issued shelter-in-place orders or required nonessential businesses to close to slow the spread of COVID-19, reference or rely upon the Department of Homeland Security's Cybersecurity & Infrastructure...more

Pullman & Comley, LLC

Does the Novel Coronavirus (COVID-19) Allow Reliance On Your Contract’s Force Majeure Provision? The Language Matters

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The impact of the novel Coronavirus (COVID-19) is being felt throughout every sector of our society. Mandated government quarantines and temporary business closures, work-from-home requirements, shelter-in-place orders,...more

Brooks Pierce

Potential Insurance Coverage For COVID-19 Losses

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As companies navigate the COVID-19 pandemic, they should take stock of existing insurance policies that may provide coverage for: • damages and losses suffered by the company, or • potential liability of the company... ...more

Payne & Fears

[Webinar] Is Your Hotel/Casino Insured for its Coronavirus Business Interruption Losses? - April 2nd, 4:00 pm - 5:00 pm PDT

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Resorts, hotels, casinos, and others in the hospitality industry are experiencing devastating losses as the result of recent government shutdowns in response to the COVID-19 pandemic. Is there anything you can do to salvage...more

BCLP

U.S. COVID-19: Commercial Leases - Rent Obligations in the United States

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While it is true that a number of States and local municipalities have stopped all eviction proceedings and many courts are currently closed, the issue of rent remains front and center between landlords and tenants. The...more

Latham & Watkins LLP

Impact of COVID-19 on French Law Governed Contracts

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How can companies respond to the impact on the COVID-19 crisis on their current contracts, either because a reduced workforce, interrupted supply chain, or governmental orders to shut down businesses? On 30 January 2020,...more

The Volkov Law Group

COVID-19: Crisis Management

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Companies dedicate time and resources to enterprise risk management.  This is a much broader focus than legal and compliance risks – instead, enterprise risks identifies some of the major catastrophes  — e.g. one company had...more

Greenbaum, Rowe, Smith & Davis LLP

COVID-19 Insurance Update: Companies Should Evaluate Risk Management Tools in Place, Including Pollution Legal Liability (PLL)...

Among the many critical business issues to be addressed within the context of COVID-19 place, such as insurance policies, which may be of help to mitigate some of the costs incurred during the coronavirus emergency....more

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