COVID-19 Related Governmental Shut Down Order Triggers Force Majeure Provision In Restaurant Leases
As we all predicted, circumstances are staying brought and resolved on the situation of whether the COVID-19 pandemic and relevant governmental shut down orders trigger drive majeure clauses in professional leases and work to excuse the efficiency of professional tenants. While drive majeure clauses change broadly, a the latest conclusion from an Illinois Individual bankruptcy Court docket may present assistance to help solve disputes with no resorting to the courts.
