Is the Force With You? Force Majeure Clauses, COVID-19 and Contracts

binman

Numerous businesses impacted by COVID-19 are searching for relief wherever they can find it. Difficult decisions are being made with respect to layoffs, lease or mortgage payments, and federal loan assistance as companies attempt to navigate the current environment. One area generating increased attention is whether a company’s contract provisions create either an obligation or…

Details

Business Interruption Insurance Recoveries Due to COVID-19

binman

Many companies carry business interruption insurance as a component of their first-party property insurance or as a freestanding policy. Such coverage protects against losses sustained during periods of suspended operation due to various events and damage. Although there is no doubt that operations and business has been suspended across countless industries in recent months, business…

Details

March Updates from the NC Industrial Commission

binman

Two long-time Deputy Commissioners have recently been nominated by Governor Roy Cooper for appointment to the Full Commission.   Deputy Commissioners Robert J. Harris and Myra L. Griffin have both served in their current roles since 2005, adjudicating cases and conducting full evidentiary hearings around the state.   Their appointments are pending confirmation by the North Carolina…

Details

North Carolina Supreme Court Weighs In on Long-Running Procedural Saga Regarding Permanent Impairment

binman

Although overshadowed by the Wilkes v. City of Greenville opinion issued the same day, the N.C. Supreme Court came to a decision on another workers’ compensation matter last month.  While not as significant as Wilkes in terms of future claim handling (at least until subsequent legislation takes effect), the decision in Harrison v. Gemma Power…

Details