With the worldwide pandemic spreading throughout the United States and cases in Los Angeles on the rise, many businesses are being impacted both in the short- and long-term. We have seen closures to all public places where ten or more people may gather in LA. In other cities, curfews have been imposed. Economic stimulus packages are being discussed, and other measures to secure the public safety are being imposed. So, we wanted to touch base and provide some information that may be helpful to you and your business.
Even though factories are reported to be opening again in China, many businesses worldwide continue to shut down to protect workers, reduce liability, and sanitize. Entire countries like Italy are on lockdown. The closures have severely impacted supply chains in all industries and may lead you to question what contractual rights you may have if a contract by a supplier, or even you, are breached.
Here are some things to think about, speak to your lawyer about, and action steps to take.
COVID-19 has and will continue to disrupt businesses around the world for months to come. It is best to take a proactive approach to any potential business and legal issues that may arise. I've gone into further detail in a brief YouTube video on the Corona Virus and Contracts.
Please give Eric J. Proose's office a call if you have questions regarding your business and its contractual rights, obligations, and potential liabilities. We are here to help in these unprecedented times.
Thank you to Eric J. Proos, Esq for this valuable information.
Eric J. Proos, Esq.
THE LAW OFFICE OF ERIC J. PROOS, PC
458 N. Doheny Dr. #69712
West Hollywood, CA 90048
Marc has 36 years in financial services and 6 years in teaching.
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