Businesses have suffered from revenue loss, lawsuits, and other complications, resulting from the effects of COVID-19. As more cities and counties move toward reopening, new questions and concerns are raised surrounding liability.
An article from Law360 addresses recent action from the U.S. Chamber of Commerce and trade organizations calling on Congress to pass legislation protecting businesses from legal liability as they reopen.
The Chamber, along with over 200 trade associations, said in a letter to lawmakers that this temporary legislation would protect four groups of businesses from lawsuits related to employee and consumer coronavirus infections. It also argued that groups providing essential services and care—such as, nonprofit organizations and educational institutions, health care facilities, manufacturers of vaccines and therapeutics, and public companies at risk for securities litigation—should be protected from COVID-19-related liability in the short term. The Chambers and industry groups assert that “companies that have provided health care, developed treatments, maintained the food supply and otherwise contributed to recovering from the crisis shouldn’t have to deal with the constant threat of litigation that could sink some businesses.”
Read the full article here.
0 Comments