article thumbnail

A Force Majeure Decision during the COVID-19 Pandemic

Green Building Law Update

There has been much speculation and supposition about the interplay of force majeure provisions in leases and other contracts in response to government orders closing businesses during the coronavirus disease 2019 (COVID-19) pandemic, but now there is an authoritative court decision that may provide persuasive authority.

article thumbnail

In Bankruptcy, Utility PG&E Faces Big Spend to Cut Fire Risks

ENR Construction

6 to the state Public Utilities Commission their mandated 2019 plans for boosted infrastructure, technology and operations upgrades to respond to and prevent wildfires that have already devastated big parts of their service areas. California utility giant Pacific Gas & Electric Co. and seven smaller peers filed Feb.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

British Airways could pull out of Gatwick and cut a quarter of its pilots, leaked memo reveals

Construction Test

In a statement on Tuesday, IAG said: ‘In light of the impact of Covid-19 on current operations and the expectation that the recovery of passenger demand to 2019 levels will take several years, British Airways is formally notifying its trade unions about a proposed restructuring and redundancy programme. ’ . .

Travel 26
article thumbnail

Holidaymakers face six-month wait for travel refunds as airlines struggle to deal with colossal backlog of claims with £7billion owed to customers

Construction Test

The budget airline added that flights will remain grounded until ‘at least July’ and passenger numbers will not return to 2019 levels ‘until summer 2022 at the earliest’ . The number of passengers travelling through Heathrow last month was down by around 97% compared with April 2019, the airport has announced. .

Travel 26
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Effective for facilities placed into service between January 1, 2011 and December 31, 2019. The credit is capped at the lesser of $15 million or 50% of costs to establish the facility. Headquarters, administrative offices and R&D of otherwise excluded businesses that serve a multi-state area may qualify in some cases.

Income 108