Risk

Risk refers to threats an organization faces -- loss of earnings, loss of reputation, or harm of any kind.  These articles explore the challenges of preventing, identifying and mitigating risk. Risk can come in many forms, including financial issues, legal liabilities, strategic or leadership errors, or accidents and natural disasters. Today,  IT- and data-related risks are growing concerns. The following articles about risk look at the issue from many angles, especially from that of compliance officers risk managers.

Don’t Lose Control During COVID-19

Baker Tilly’s Chris Jeffrey offers tips and practical advice for organizations on supporting the control environment and keeping operations running during the current crisis. As the evolving COVID-19 pandemic brings uncertainties, organizations face immediate risks impacting their control environment or compliance with Sarbanes-Oxley (SOX) requirements....

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When Global Disasters Strike: Other Theories of Excused Performance

The Morrison & Foerster Technology Transactions group continues its discussion around contractual nonperformance during the COVID-19 pandemic, covering considerations including anticipatory repudiation, common law doctrines and legal considerations abroad. Anticipatory Repudiation A party’s anticipatory repudiation (also called anticipatory breach) might also serve to discharge the...

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