In our previous article, we discussed anticipatory repudiation and demands for adequate assurances—legal concepts that may arise when a party to a contract expects that its counterparty may not ...
In recent years, natural disasters have become increasingly frequent and severe, disrupting industries and communities worldwide. Events such as Hurricane Helene and the extreme weather conditions ...
Force majeure clauses in contracts help companies avoid liabilities from unforeseen events. COVID-19 led many firms to invoke force majeure due to disrupted operations. Investors must consider force ...
Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. In legal contracts, there is a clause called force majeure, which removes ...
"Force majeure" is the contract provision that describes events the parties agree are reasonably unforeseeable, unavoidable and outside of either party's control. Events triggering force majeure may ...
Force majeure, a clause in legal contracts that exempts parties from liability due to unforeseeable and unavoidable catastrophes, can also apply to investing. Force majeure specifically is written ...
Marathon Oil brought the case against its customer, Mercuria Energy America, over a $17.4 million invoice for damages.
Top Hollywood attorneys say, yes, studios could be looking for a way to offload deals to cut costs — but there’s a ton of confusion regarding specifics. By Ashley Cullins Senior Business Editor When ...
The coronavirus pandemic and geopolitical conflicts around the world have made force majeure clauses more important than ever for international franchising, according to legal experts. In the case of ...
(Reuters) - As the coronavirus outbreak in China shows no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are considering the legal defense of force ...