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BUSINESSES ARE FILING BANKRUPTCY AT THE FASTEST PACE SINCE THE PANDEMIC

BUSINESSES ARE FILING BANKRUPTCY AT THE FASTEST PACE SINCE THE PANDEMIC Corporate bankruptcies are surging.  June saw the highest monthly bankruptcy filings since 2020.   Supply chain issues continue; consumers are spending less; and retailers are closing brick and mortar locations.  The pandemic stimulus set off a shopping spree that lasted...

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IS YOUR SETTLEMENT GOING TO PROTECT YOU AGAINST SUBSEQUENT CLAIMS? YOUR JOINT EMPLOYER, STAFFING COMPANY, PAYROLL COMPANY, PEO OR OTHER VENDOR/PARTNERS MAY BE SUBJECT TO CLAIMS AND THEN YOU MAY LATER BE FIGHTING INDEMNITY AND BREACH OF CONTRACT CLAIMS FROM THEM

IS YOUR SETTLEMENT GOING TO PROTECT YOU AGAINST SUBSEQUENT CLAIMS?  YOUR JOINT EMPLOYER, STAFFING COMPANY, PAYROLL COMPANY, PEO OR OTHER VENDOR/PARTNERS MAY BE SUBJECT TO CLAIMS AND THEN YOU MAY LATER BE FIGHTING INDEMNITY AND BREACH OF CONTRACT CLAIMS FROM THEM Scenario:  an employer settles claims by an employee.  The...

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COVID-19: Force Majeure Clauses in Contracts – Court Decision

COVID-19: Force Majeure Clauses in Contracts – Court Decision These are trying times.  Did your business get shuttered by governmental mandated closure orders due to COVID-19?  Are your business vendors and contract parties still looking to your business to timely pay and perform as normal?  Contracts often include a force...

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