Petrossian Quoted in Law360 on Force Majeure and the Real Estate Industry Amid COVID-19

Beyond Force Majeure: Things Real Estate Attys Should Know
– Law360

Manatt litigation partner Emil Petrossian spoke with Law360 on the increasing attention force majeure clauses are receiving within the real estate industry amid the COVID-19 pandemic, and aspects of common law that could help parties beyond force majeure limitations. In the article, Petrossian noted that “all is not lost if you are a party to a contract that doesn't have a force majeure provision.” He also highlighted parts of common law that could help parties obtain relief from certain obligations, such as frustration of purpose defenses, conditions precedent clauses, and impracticability and impossibility doctrines.

Read the article here

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