P2P

Summer20201

Peer to Peer: ILTA's Quarterly Magazine

Issue link: https://epubs.iltanet.org/i/1264976

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24 P E E R T O P E E R : I L T A ' S Q U A R T E R L Y M A G A Z I N E | S U M M E R 2 0 2 0 The longest period was one year while the shortest was seven days. Across all agreements, the average was 119 days and the median was 90 days. 5 Conclusion To slow the spread of the global pandemic COVID-19, governments and organizations around the world took drastic and unprecedented actions to limit social activity, which of course is having a significant economic impact. The governmental limitations and resulting economic impact put many companies in a position in which they were either unable or unwilling to fulfill their contractual obligations. Predictably, lawyers advising these companies raised force majeure as a potential defense for any non- performance. Either in anticipation of this defense or in response to a counterparty's assertion, lawyers advising companies on the other end of the transaction wanted to assess the total risk of force majeure, many times across different types of contracts and industries. For larger organizations with tens of thousands of agreements, quickly reviewing existing contracts for force majeure without the aid of an AI solution or tech-savvy service providers may be inefficient. Law firms, such as BakerHostetler, and legal process outsourcers, such as QuisLex, can leverage eBrevia's AI solution to help clients navigate these uncertain and challenging circumstances in a quick and cost-efficient manner. ILTA 5. We did not include any separate notice period before the termination became effective (e.g., if a party had a termination right after 30 days, but then there was a 30-day notice period before could terminate, our result would show 30 days, not 60 days).. Welcome back to a fresh Summer 2020 edition of the ILTA podcast "Hops-cast". Our guest today is Sean McGinty and he is a Learning & Development professional with 20 years of experience. Sean works at Simplify Compliance as their Learning & Product Engineer, is the founder of his own consulting company, McGinty Learning & Development Advisors LLC and is the co-founder of Brew Walk, a startup company looking to bring brewery tours to your phone. Along with those jobs Sean serves on the USF Advisory Committee on Cybersecurity for Executive Education and is the VP of Communities of Practice for ATD Suncoast. Amid the challenges of the COVD-19 pandemic, he's joining us today from Tampa, and we'll be talking all things education, tech, and of course, about baseball and hops. Sean McGinty LEARNING & PRODUCT ENGINEER HOMETOWN: Tampa, FL FAVORITE SPORTS TEAM: Tampa Bay Buccaneers FAVORITE HOP: US Hop: Citra, Noble Hop: Tettnanger English Hop: East Kent Goldings (EKG) New Zealand: Pacifica LITTLE KNOWN FUN-FACT: Phil Esposito taught me how to play hockey… really how to shoot a puck. L I S T E N T O P O D C A S T

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