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Crisis Management Update: Managing your business through change and disruption
This week's guide to Crisis Management
 
This week's email features a look at Landmark COVID ruling roils commercial leasing bar; Allocating risk of COVID-related delays in construction contracts; Update HR policies to handle workplace complaints; The risks of factoring agreements; Helping small business get to the light at the end of the tunnel.
 
For more on Crisis Management be sure to visit our website, crisismanagementupdate.com. We'd love to hear your thoughts or feedback on this newsletter. Please contact Patrick Brannan at pbrannan@bridgetowermedia.com.
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Landmark COVID ruling roils commercial leasing bar
Commercial leasing attorneys have been awaiting judicial clarification on the impact state-ordered shutdowns have on a business’s obligation to pay rent since the COVID pandemic hit early last year. That wait is over — at least in terms of one Massachusett’s judge’s take on the issue.
 
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Allocating risk of COVID-related delays in construction contracts
Given the broad range of impacts of the pandemic, it is important to review contract and subcontract forms with legal counsel to ensure that the risk allocation contained therein appropriately allocates the risk for COVID-related delays.
 
3
Update HR policies to handle workplace complaints
Every employer should coordinate with the company’s human resources department or an external consultant to review current policies. Putting your internal complaint policies down in writing helps clarify employee expectations, lets employees know they have a voice, and ensures consistency.
 
4
 
The risks of factoring agreements
Factoring agreements help solve the cash-flow problem by enabling businesses to convert their account receivables into working capital.
 
5
Helping small business get to the light at the end of the tunnel
As the pandemic has been impacting our nation for almost 12 months now, another half year or more can seem both doable and daunting for many. The key is to continue fostering a resilient mindset, and truly understand that brighter days are ahead.
 
 

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