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COVID-19

Contracting Parties Beware: COVID-19 Does Not Render All Performance Obligations “Impossible”

By Kenneth L. Moskowitz, Esq. and Michele-Lee Shapiro, Esq.*

The extraordinary circumstances surrounding the COVID-19 pandemic — including widespread illness, government stay-at-home orders, and restrictions on travel — have rendered the performance of many contractual obligations unfeasible, impractical, and, in certain circumstances, excused by the contract’s force majeure provisions. However, not every contractual duty will be deemed impossible to discharge, and contracting parties must be careful not to assume that a broad-sweeping “coronavirus defense” will excuse them from legal accountability for non-performance.

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Apr 20, 2020
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New Jersey’s Aggressive Enforcement of the CFA’s Proscription on Price-Gouging During the COVID-19 State of Emergency

by Richard A. West, Esq.

The declaration of a state of emergency on March 9, 2020 by Governor Murphy gave the Attorney General and the Division of Consumer Affairs a powerful tool to combat price gouging. Pursuant to New Jersey’s Consumer Fraud Act (CFA), sellers of goods and services are prohibited from implementing “excessive price increases” during a declared state of emergency.

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Apr 17, 2020
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COVID-19 and Cash Flow Management

By John D. Poppe, Jr., MidCap Advisors, LLC

To say the past few weeks have been disruptive to our typical way of life, and how we transact business, is the ultimate understatement. Unprecedented government-dictated measures have wrested operating control away from business owners as macro public health concerns dominate our national agenda.

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Apr 10, 2020
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COVID-19 Insurance Questions and Claims Guidance

By Marc McCabe, Vice President, Alliant Insurance Services

As an insurance professional for more than 35 years and who has witnessed countless regional wars, the Dot-Com Bubble Burst, the 9/11 Terrorist Attacks, the 2008 Financial Crisis and Hurricane Sandy, no one could have foreseen the unprecedented coronavirus pandemic and its global impact on business and industry.

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Apr 03, 2020
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