Presenter: James D. Fullerton, Fullerton & Knowles, Attorneys at Law
Wednesday, April 22, 2020
1:00 p.m. – 2:00 p.m. Eastern
Owners, contractors and suppliers are concerned about the potential results of the COVID-19 pandemic, including project delays from lack of availability or delay obtaining materials, unusual labor shortages, manufacturing and supply chain disruption, and the potential cost impact of these delays or substantial labor or material price increases.
To what extent are you exposed to these dangers? How can contractors and suppliers protect themselves from liquidated or other delay damages? How can they successfully recover such unexpected costs?
The answers to these questions are found largely in the terms of the contract already in place for on-going projects. How protective is the force majeure clause in your contract? About which projects should you be particularly concerned? We will review common contract clauses and their impact on these issues.
This webinar also will provide pertinent contract provisions that you may add to protect yourself on future projects, strategies for dealing with customers unable to pay you during the pandemic, and increase your chances of recovering price increases.
James D. Fullerton, Fullerton & Knowles, Attorneys at Law
James D. Fullerton is the president of the law firm of Fullerton & Knowles, P.C., which has attorneys licensed in Virginia, Maryland, Pennsylvania, and the District of Columbia, and is a Martindale Hubbell Peer Rated Lawyer AV Preeminent. Jim represents owners, lenders, design professionals, suppliers, subcontractors, general contractors and other members of the real estate and construction industries region-wide. He advises on all real estate and construction law issues; public procurement and bidding; contract formation and disputes; defects in labor and materials; design defects in plans and specifications; inefficiency; impact and delay claims; mechanic’s lien and bond rights; litigation; arbitration and mediation in public and private projects; joint ventures; bank and lender representation; commercial transactions and loan closings; sales contracts and leases. He is counsel to the Board of Directors of the Virginia Precast Concrete Association and to the Board of Directors for the Central Atlantic Precast Concrete Association.