Fried Frank Attorneys Pivot During Pandemic Slowdown (Corrected)

June 5, 2020, 1:04 PMUpdated: June 5, 2020, 1:49 PM

Real estate transactions have been on the decline during the coronavirus pandemic, prompting property lawyers to shift to advising clients on other issues, like how to navigate contracts and handle unpaid rent. Fried Frank real estate lawyer Jennifer Yashar and litigator Joshua Roth say they’re starting to see more questions about reopening commercial spaces as stay-at-home orders are lifted.

Force’ Questions: The healthcare and economic crises stemming from the pandemic have many clients exploring whether certain real estate contract obligations may be suspended under force majeure clauses in those agreements, Yashar and Roth said.

Getting Personal: The shift to telework in response to Covid-19 has given Roth the chance to make a more “personal” connection with clients through video meetings, he said. It has also offered some insight into how others manage working from home. Mary Ellen Egan has the story.

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(An earlier version of this newsletter incorrectly identified Roth as a real estate attorney, rather than a litigator.)

To contact the reporter on this story: Jerome Ashton in Washington at jashton@bloomberglaw.com

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