The U.S. Court of Appeals for the Second Circuit upheld a district court's ruling granting a defendant auctioneer's motion to dismiss, finding the COVID-19 pandemic created "a circumstance beyond the parties' reasonable control" as outlined in the force majeure clause of an agreement for the sale of a painting. (Credit: Billion Photos/Shutterstock)
The U.S. Court of Appeals for the Second Circuit upheld a district court's ruling granting a defendant auctioneer's motion to dismiss, finding the COVID-19 pandemic created "a circumstance beyond the parties' reasonable control" as outlined in the force majeure clause of an agreement for the sale of a painting.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Allison Dunn
Allison Dunn is a reporter on ALM's Rapid Response desk based in Ohio, covering impactful litigation filings and rulings, emerging legal trends, controversies in the industry, and everything in between. Contact her at [email protected]. On Twitter: @AllisonDWrites.
