Firm Insights
The latest strain of coronavirus, COVID-19, has many wondering about potential force majeure claims. Please note that the following research is based on Missouri law so to the extent another state governs a party’s contract, this analysis may change. What is a Force Majeure Clause? A force majeure clause is a contractual provision that allocates the…
Read MoreOn March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (“the Act”), which requires employers with fewer than 500 employees to provide paid leave for specified reasons related to COVID-19. The Act will take effect April 1, 2020, and will expire on December 31, 2020. Families First Coronavirus Response Act…
Read MoreIn order to minimize disruption to small businesses, on Tuesday, March 17, 2020, the U.S. Small Business Administration issued revised criteria for states (or territories) seeking an “economic injury declaration” related to COVID-19. A state’s governor must seek, and the SBA must issue, an economic injury declaration in order for that state’s small businesses to be eligible for the…
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