In the wake of recent disruptive events, nonprofit legal counsel are focusing more closely on potential exposure to attrition and cancellation damages in their meeting contracts. Weather-related disasters such as Hurricane Sandy provide an all-too-frequent reminder of the devastation that Mother Nature can inflict on the most carefully laid plans. Less anticipated, perhaps, are the significant consequences that nonprofits are currently feeling after the federal government sharply curtailed employee attendance at industry and professional conferences as a result of budget sequestration and other factors.
Appropriately, the contract clause that everyone is reading closely is the one titled, "force majeure." Without an artfully drafted force majeure clause, nonprofits faced with disruptive circumstances beyond their control are left to the mercy of narrow common-law doctrines which rarely excuse the parties from their obligations under the contract.
From two nonprofit attorneys with extensive experience in this area, learn practical tips, strategies and techniques to help protect your nonprofit upfront and avoid massive headaches down the road.
Speakers
George E. Constantine, Esq., Partner and Co-Chair of the Regulatory Practice Group, Venable LLP
Janice M. Ryan, Esq., Associate, Nonprofit Organizations Practice, Venable LLP
This event is open to ACC members only. Please visit ACC's website if interested in membership.