Join Reed Smith for a moderated discussion addressing how COVID-19 can be construed as a contractual triggering event to excuse performance, and when and how is insurance policy coverage triggered.

Speakers: Elizabeth C. Brandon Amber S. Finch Janet H. Kwuon Karlin E. Sangdahl John C. Scalzo

Event Type: Webinar, CLE / CPD

Start Date/Time:
10 April 2020, 2:00 PM EDT
End Date/Time:
10 April 2020, 3:00 PM EDT

This CLE program will address the following topics and questions. 

  • Does COVID-19 provide a contractual basis to excuse performance?
    • Qualification of the COVID-19 pandemic as a force majeure event or a material adverse change
    • Remedies available for parties invoking force majeure or material adverse change provisions
  • Doctrines to excuse non-performance due to the COVID-19 pandemic in the absence of a contractual exclusion and who can assert them
    • Commercial impracticability under the Uniform Commercial Code
    • Impossibility and frustration of purpose
  • What is the impact of COVID-19 on insurance coverage and exclusions for pandemics and government intervention?
    • Insurance triggering events to assess risk
    • Evolution of the “virus exclusion”
    • Business interruption insurance for property owners
    • Relief options available for conference and event organizers
  • Possible strategies for protecting your business against future pandemics
    • Tools for damage mitigation and prevention
    • Suggestions for future contracts