Navigating Unforeseen Crises

This chapter examines the complexities of contract fulfillment during unprecedented events, using examples like the 9/11 insurance claims and the impact of the COVID-19 pandemic on the NBA. The discussion highlights the financial consequences and legal ambiguities that arise when real-life circumstances deviate from established agreements. It further explores the concept of 'Black Swan' events and the importance of adapting to new normals in society and public health.