Check out the latest news from NAMA.
Expert Business Operations Counsel: COVID-19 Webinar Tomorrow
CHICAGO — March 9, 2020 — As part of NAMA’s ongoing work to provide resources for the industry regarding COVID-19, members are invited to participate in a free webinar containing an overview as well as actionable insights from a globally recognized law firm, Covington & Burling. Along with their webinar, the firm also provides a toolkit for business owners.
“NAMA is encouraging members to stay informed. Covington’s free webinars will take place on Tuesday, March 10th, and will provide keen insight and answers to front of mind questions related to their business operations,” said Mike Goscinski, NAMA’s Director of Federal & State Legislative Affairs.
NAMA members are encouraged to take part in these sessions by registering here.
Specifically, Covington will provide insights on how companies should respond to the rapidly evolving developments arising from the coronavirus. Issues that will be covered include:
- Supply Chain
Implications for commercial and financial contracts (including force majeure clause); and SEC disclosure agreements.
Employee communications; responsibilities to employees in various jurisdictions; compliance issues that may arise in connection with legal or regulatory obligations; and data privacy considerations.
Business interruption costs; supply chain disruptions; lost revenue or income; closure related costs; blocked access to a plant or facility; event cancellations; costs related to COVID-19 lawsuits (including defense costs and third-party liabilities); losses related to customers unable to purchase goods or services; and "Directors and Officers" claims.
- Policy Considerations
Global policy considerations; monitoring state/local regulatory reactions to the spread of the virus; national security implications at the federal level; and U.S. Government quarantine and other emergency authorities.
- Crisis Management
Public relations and communications considerations.
NAMA represents the $31 billion U.S. convenience services industry. By providing advocacy, education and research, NAMA works to promote and protect the industry’s nearly 160,000 hardworking employees. Through traditional vending and micro markets, office coffee and pantry services, product manufacturing and small-drop distribution, convenience services meets the needs of over 40 million American consumers daily at work, home, school and play.