Breaking Contracts Over COVID-19
It hardly needs to be said the extent to which the COVID-19 pandemic has been deadly and taken its toll on a number of lives. It has also upended the way we do business and run our operations. Many of the “best laid plans” that were made before the pandemic now seem to be better off canceled at worst or postponed indefinitely at best. Even though some relief is on the horizon through the CARES Act, many federal grant recipients have been forced to consider whether and how they can extricate themselves from certain contractual obligations whether with suppliers, consultants, or other third parties. By the same token, your organization may have received notice from some of your vendors, suppliers, or consultants that they cannot perform their contractual obligations to you due to “force majeure.”
With an emphasis on the perspective of federal grant recipients, this webinar will offer a framework for evaluating whether and how to attempt to discontinue a contract with a third party and will address damages clauses in contracts as well as the contractual principles of “Acts of God” and “force majeure” as well as “impossibility” and “frustration of purpose.” Apart from contract termination, what other types of relief are available? This webinar is intended to assist your organization with identifying options for obtaining relief from having to perform under certain contracts while minimizing contractual risk areas and taking into account federal grant considerations.
- Operations and Management Staff
- Finance Personnel
- Anyone who manages vendor relationships or otherwise has contract/procurement responsibilities
After this webinar, you will be able to:
- Identify the considerations associated with seeking relief from the terms of a contract.
- Understand and distinguish the various terms associated with seeking relief from a contract such as “force majeure,” “Acts of God,” “forgiveness,” “abatement” as well as obtain a familiarity with the common law doctrines of “impossibility” and “frustration of purpose.”
- Minimize contractual risk areas while taking into account federal grant considerations set forth in the Uniform Grants Guidance.
Kathy is a Partner in Feldesman Tucker’s health law practice group. In the area of health law, Kathy’s practice focuses on government-sponsored health care programs such as Medicaid, CHIP, Medicare, and the Affordable Care Act, with an emphasis on payment/reimbursement and compliance related issues. Kathy also represents clients in government investigations and audits, litigation before federal and state courts, as well as in administrative appeals with the U.S. Department of Health and Human Services Departmental Appeals Board (DAB) and Provider Reimbursement Review Board (PRRB). She provides reimbursement counseling (including identification, reporting, and repayment of overpayments) with respect to Medicare, Medicaid, and private third-party payors. [Full Bio]
Participants can earn up to 1.20 CPE credits in Specialized Knowledge and Applications upon completion of all course requirements.
ATTENDEE REQUIREMENTS FOR CPE CREDIT
If you purchase CPE credit for this webinar you must satisfy the following conditions in order to receive your certificate:
- Answer at least 3 of the 5 polling questions during the webinar
- Complete the evaluation survey after the conclusion of the webinar or in the follow-up email
Upon completion of these requirements, FTLF will email you your CPE Certificate within five (5) business days.
- Prerequisites: None
- Target Audience: Leadership/C-Suite, Operations and Management Staff, Finance Personnel, and anyone who manages vendor relationships or otherwise has contract/procurement responsibilities
- Advanced Preparation: None
- Program Level: All
- Delivery Method: Group Internet Based
- Attendance Requirements: In order to be awarded the full credits, you must respond to five (5) out of seven (7) polling questions.
Feldesman Tucker Leifer Fidell LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org (formerly www.learningmarket.org).
- 1.00 Certificate of Attendance
Access to the recorded version of this webinar is included in your purchase.
ACCESSING THE RECORDING
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