Covid-19 has added a perilous new dimension to an already complex landscape for international transactions. As part of a Virginia Economic Development Partnership webinar series, FH+H Partner Adam Munitz discussed contract measures that U.S. companies can take to mitigate the unique risk presented by the global pandemic, focusing on the force majeure provision and its mechanics/limitations, the contract theories of "frustration" and "impossibility", the adjustment of payment terms, and other legal strategies.
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