Rebus Sic Stantibus Whitepaper
With the collaboration of our Firms, we have summarized the status and different options regarding Rebus Sic Stantibus.
The Retail Trade industry group comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. This sector comprises two main types of retailers: store and nonstore retailers.
With the collaboration of our Firms, we have summarized the status and different options regarding Rebus Sic Stantibus.
In the social and economic fallout from the Coronavirus, businesses are assessing how best to address their commercial relationships, especially where potentially insurmountable barriers to performance loom large.