forcemajeure

In this episode, Paul discusses force majeure contracts that could be found in many agricultural contracts.  This episode is based on work by Paul, Elizabeth Thilmany, and Mayhah Suri.

Materials discussed in this episode: 

• Goeringer, Paul, Elizabeth Thilmany, and Mayhah Suri, Force Majeure Clauses: What Are They and Do They Apply in Issues Caused by COVID19? (AREC 2020).

If you have questions for Paul contact him at lgoering@umd.edu, tweet him @aglawPaul follow him on Instagram @aglawPaul, or 301-405-3541.

What is a contract and what defines a breach of contract? With so many questions swirling around force majeure and coronavirus and rent payment defaults, are there any common law statutes that may benefit a business owner?  What happens when one party cannot perform under the specified terms of the contract?  Ever heard of "frustration of purpose" or laws on "impossibility"?

In today's podcast, author and commercial real estate veteran Jorge Morales interviews Jonathan Arias of The Onyx Group, a law firm dedicated to fight for the rights of landlords and business owners.  Jonathan has a great story and his mission is to "create companies that create good."  Tune into this most informative look at your rights under a lease agreement.

To contact Jonathan Arias, please visit https://www.theonyxgrouplegal.com/.

Have you subscribed to the podcast?  Please like and subscribe to the show today.

Jorge Morales is President of Blue Box Real Estate, a South Florida commercial real estate firm that provides commercial real estate solutions for landlords and tenants.  Find Blue Box at www.blueboxre.com.  

Blue Box Real Estate, LLC is a Lic. Real Estate Broker.

On this episode, Mike Zisa, Chair of the Surety and Construction Related Insurance Defense Practice Group at Peckar & Abramson shares insights into understanding force majeure clauses during the COVID-19 pandemic. The conversation touches on reviewing contracts, communications with owners, giving notice, and documentation. Additionally, Zisa highlights that there may be other avenues for recovery in existing contracts, so careful contract review is warranted.

Hosted By:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Is base rent for commercial real estate contracts due given the coronavirus crisis and government mandatory stay in place restrictions?  Is Force Majeure a get out of rent payment escape card?  Are there any other commercial lease provisions that tenants can turn to for rent relief?

In today's podcast, attorney Eric Coffman joins Jorge Morales to review tenant options and specific covenants in typical commercial leases involving payment of rent.  Lease provisions discussed include:  Force Majeure, Quiet Enjoyment, Interruption of Services and Eminent Domain.

Tune in and hear from an expert attorney in contract law.  Eric Coffman can be reached at ecoffman@dmbblaw.com.  

Please consider subscribing to the show and sharing the podcast with other business owners.

The Don't Sign the Lease Podcast is a resource of https://dontsignthelease.com/.  Pick up a copy of Jorge commercial real estate guide for business owners and would be commercial realtors entitled Don't Sign the Lease! The Tale of a Triumphant Business Owner.  Now more than ever, business owners need to understand commercial real estate.   

Jorge Morales is President of Blue Box Real Estate, a South Florida commercial real estate firm that specializes in Landlord Advisory Services and Tenant Advisory Services.  Please visit https://blueboxre.com/.

Blue Box Real Estate, LLC is a Lic. Real Estate Broker.

 

Is rent still due this month because of the interruption from Corona Virus and mandated shelter in place regulations?  Author and commercial real estate veteran Jorge Morales of Blue Box Real Estate explores common lease provisions to unearth answers for business owners regarding payment of rent.

Discussion includes: Quiet Enjoyment, Interruption of Services, and Force Majeure.  What does a typical lease stipulate regarding payment of rent in a pandemic and government restrictions. 

Tune in and be sure to follow and subscribe as this podcast is Part One of the discussion.  Part Two coming soon will feature a contract attorney to weigh in on the discussion of force majeure and payment of rent.

Have you read Jorge's commercial real estate guide for business owners and would be commercial brokers?  Please visit:

https://www.amazon.com/Jorge-L.-Morales/e/B076FNSXK9/ref=ntt_dp_epwbk_0

Blue Box Real Estate is a South Florida commercial real estate firm that specializes in Tenant Advisory Services and Landlord Advisory Services.  Please visit www.blueboxre.com today.

Blue Box Real Estate, LLC is a Licensed Real Estate Broker.

#coronavirus #covid19 #commerciallease #rentpayment

 

 

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