Dorsey As policy-makers and industry look for responses to the COVID-19 crisis, one tool is in plain sight: the Defense Production Act of 1950 (the “DPA”). The DPA, already on the books, is tailor-made for the national effort required to respond to COVID-19. And yesterday, March 18, 2020, the Trump Administration announced it will invoke… Continue reading The Defense Production Act: The Obscure Law that Industry and Government Should be Talking About Today (and for the Foreseeable Future)
Tag: Covid-19
The Effect Of The COVID-19 Coronavirus On Construction
Aaron Evenchik | Hahn Loeser & Parks The COVID-19 coronavirus is impacting every aspect of the economy, and construction will not be exempt. Materials and deliveries may be slowed, crews quarantined and unavailable, and projects delayed. We view COVID-19 as an event beyond the control of a party (an “act of G-d”), falling within the… Continue reading The Effect Of The COVID-19 Coronavirus On Construction
Managing Project Risk Associated With The Coronavirus Outbreak Through Force Majeure Provisions
Sara Beiro Farabow | Seyfarth Globally, many developers and contractors are scrambling to identify available contractual relief as the Coronavirus (COVID-19) disrupts cross-border supply chains. US businesses will recall a similar effort just eighteen months ago, when the Trump Administration announced increased tariffs on $300 billion of Chinese goods. That trade war prompted companies to… Continue reading Managing Project Risk Associated With The Coronavirus Outbreak Through Force Majeure Provisions