How may COVID-19, affect your contractual rights if you are being sued or threatened to be sued
“Force majeure is one of many legal tools that might be at your disposal”
A "force majeure" clause (French for "superior force") is a contract provision that relieves the parties from performing their contractual obligations when certain circumstances beyond their control arise, making performance inadvisable, commercially impracticable, illegal, or impossible.
Typically a list of force majeure events would include: war, riots, fire, flood, hurricane, typhoon, earthquake, lightning, explosion, strikes, lockouts, slowdowns, prolonged shortage of energy supplies, and acts of state or governmental action prohibiting or impeding any party from performing its respective obligations.
“The force majeure clause is not implied into every contract”
Under US law, a force majeure provision is not implied by law with respect to most contracts. Rather, it is up to the parties to negotiate any force majeure provision, the definition of a Force Majeure event, the notice obligations, and other relevant provisions.
In the absence of a force majeure clause, parties to a contract are left to the mercy of the narrow common law contract doctrines of "impracticability" and "frustration of purpose," which rarely result in excuse of performance.
At NAVARRO | McKOWN, we are working with companies and individuals through these difficult times. The government has made recovery funds available to individuals and small businesses. We have the knowledge, experience, and tools to potentially limit your liability.
Our professionals can help you and your business through the process of the following services:
- Being sued or need to sue
- SBA Paycheck Protection Program (PPP), Loan program for small businesses
- Federal Loan Programs to help your business stay afloat
- Loan Modification for Real Estate
- Forbearance (postpone your loan payments)
- Reduce your debt or liability by filing bankruptcy chapters 7, 11 or 13
Contact us today, by calling 1-800-692-9802 or Click Here to request a complimentary consultation to discuss options on how to benefit from government programs.
At NAVARRO | McKOWN, we offer cutting edge solutions
NAVARRO | McKOWN has been servicing clients around the world for many years. As such we have created, developed, and deployed policies and procedures to utilize all of today’s ever-evolving technologies to best serve our clients. It is no coincidence that technology is engrained in the firm’s DNA.
Luis Navarro, the managing partner of NAVARRO | McKOWN understands the important role that technology plays in our lives firsthand, perhaps even more so than many other attorneys and firms. This is because he comes from a robust technological background. Before becoming an attorney, Luis was CEO of a first-generation cloud computing and web hosting company.
Therefore, he uniquely understands and appreciates the speed and direction in which technology evolves. This is extremely important because he can identify how to utilize today’s tools to serve our client’s specific needs more effectively and efficiently now.
Other firms might utilize outdated procedures and technologies that can adversely affect how your matter is handled. Fortunately, Luis can navigate through all the nonsense and utilizes only the tools that are best needed to assist our clients.
This all translates to better quality of service and is one of the reasons of how we have grown and why we can service your needs from coast to coast. Contact us today, for your complimentary consultation. We have offices in Florida and California with experienced attorneys and staff that are here to fight tirelessly to help you achieve the best possible outcome for your matter.Request a Complimentary Consultation or Request eNotary Service Info
Helpful Resources from the Small Business Administration (SBA)
Corona Virus Relief - UPDATE
Notice: PPP Resumed April 27, 2020Click Here for more info at sba.gov
Paycheck Protection Program(SBA Funding Option)
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.Click Here for more info at sba.gov
EIDL Loan Advance(SBA Funding Option)
This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.Click Here for more info at sba.gov
SBA Express Bridge Loans(SBA Funding Option)
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.Click Here for more info at sba.gov
SBA Debt Relief(SBA Funding Option)
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.Click Here for more info at sba.gov
Helpful Resources from the Internal Revenue Service (IRS)
Where's My Coronavirus Tax Relief Refund?
check my refund statusClick Here for more info at irs.gov
Coronavirus Tax Relief and Economic Impact Payments
Latest Updates on Coronavirus Tax ReliefClick Here for more info at irs.gov
How to know it’s really the IRS calling or knocking on your doorBeware of Impersonations
Scams take many shapes and forms, such as phone calls, letters and emails. Many IRS impersonators use threats to intimidate and bully people into paying a fabricated tax bill. They may even threaten to arrest or deport their would-be victim if the victim doesn’t comply.Click Here for more info at irs.gov