Contracts,
Construction
Apr. 8, 2020
Construction contracts in the midst of COVID-19
As cities and states now in lockdown struggle to determine if construction in the midst of the COVID-19 pandemic is an essential service, commercial real estate stakeholders and their attorneys are examining contractual obligations to assess risk and introduce clauses to limit exposure.
David Alvarado
Partner
Crosbie Gliner Schiffman Southard & Swanson (CGS3)
David concentrates his practice on purchase and sale, debt and equity financing, development, construction and leasing transactions. He has broad-based experience across all asset classes and property types, from retail and residential to office, industrial and raw land.
As cities and states now in lockdown struggle to determine if construction in the midst of the COVID-19 pandemic is an essential service, commercial real estate stakeholders and their attorneys are examining contractual obligations to assess risk and introduce clauses to limit exposure.
With no universal federal ruling in place, a mixture of city and state executive orders and rulings create a challenge as to what exactly it means to...
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