The COVID-19 pandemic may deem unenforceable or result in non-performance of executed contractual obligations. In light of global trends, deals are being drastically limited, postponed, or canceled until the virus is contained, and even permanently, resulting in tremendous economic consequences. Given of such events, compelling legal questions arise concerning the contractual rights and obligations related to these transactions. First, What Does Your Contract Say? Where possible, the mutual intent of the parties will be determined solely from the written terms of the contracts, and the general rule is that the terms in that document will bound a person who signs a contractual ... Continue Reading
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