As of the close of last month, more than 150 class actions had been filed relating to or stemming from the Coronavirus pandemic (Source: AdLawAccess.com). This article covers what steps your startup or small business can take to help prepare you and your company for the coming wave of COVID-19-related claims. It focuses specifically on potential Coronavirus liability from customers and third-parties and not from the company's employees, which I will discuss in a follow-up post. Have You Formed A Legal Business Entity? If you're a business owner reading this, chances are you already operate your company through a formal, legal entity, such as an S-corporation or LLC or even Limited Partnership. If not, there may be no better time than now to do so. Compared to the overall cost…
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