Since the onset of COVID-19, organizations are reassessing their intercompany agreements to include Force Majeure clauses. If you are unfamiliar with Force Majeure, read our previous blog for more information. Force Majeure is an “Act of God” clause that allows involved parties to renegotiate or terminate an agreement if an unforeseen or unpredictable event occurs.
As COVID-19 continues to shift everyday life and the global economy, accounting professionals are looking for information to help guide their clients through these trying times. These organizations will lean on their in-house experience and should pay close attention to the lessons learned during the 2008 market crisis. Force Majeure is a clause included within
COVID-19 has led millions of Americans as well as countless others around the world to suddenly need to work from home. Individuals, companies, and even schools have turned to online conferencing tools in order to conduct business as “usual” and not to mention as a way of engaging with family and friends. Zoom Communications, a
What is the best way for tax authorities and consultants to get company agreement data? You don’t need to rely on legal and tax departments for this data. It is publicly available, so you don’t need to settle for an information gap.