Supply chain disruptions significantly impacted businesses like a craft distillery producing spirits, as canceled orders and distribution challenges strained operations. For in-house counsel, these disruptions required careful evaluation of contractual obligations, particularly the legitimacy of force majeure claims. Thomson Reuters Practical Law provided valuable, up-to-date resources, including guidance on key issues, evolving case law, and templates for notices and insurance coverage related to COVID-19 losses. These tools enabled legal teams to respond quickly, assess risks accurately, and renegotiate or amend contracts as needed. As a result, businesses were better equipped to manage disruptions, maintain compliance, and adapt to rapidly changing conditions.

Join for free to read