Because of the unprecedented business and economic disruption caused by the COVID-19 pandemic, companies are considering defenses that might excuse non-performance of a contract, such as invoking force majeure clauses, or potentially less drastic options such as renegotiating contractual terms. In some cases, companies have already begun to file suit…
Brian Arthur is a partner in Baker McKenzie's New York office, where he advises on international and US federal taxation. Mr. Arthur regularly presents on transfer pricing and international tax issues for organizations such as Bloomberg BNA and various Firm client seminars. He has also authored several articles on these topics.