While a rumored extension seems likely, investors should take a conservative approach and proceed as if no extension will be granted, with the understanding that they may get lucky.
By the time all is said and done, every industry and region will be impacted by the dramatic decline in economic activity, though the impact will vary by metro.
For the country to take the threat of COVID-19 seriously, the owners and managers of sites must consider serious measures to combat the further spread of the virus.
There are strong arguments that businesses should not be able to use a force majeure argument to throw away their contracts, write attorneys Ian Lis and Eli Gordon.