As the Covid-19 pandemic is upending life as we know it, nonprofits are especially vulnerable: Groups must simultaneously adjust to a host of changes while also preparing to support their ...
We are starting to hear reports of businesses declaring the Trump Administration's Executive Order on tariffs to be a force majeure event under their contracts. Most of us now have rather more ...
Cost increases, like tariffs, are often considered by courts to be foreseeable business risks that do not support invoking a force majeure defense. Therefore, it would be unlikely that an impacted ...
On January 30, the World Health Organisation (WHO) declared a “public health emergency of international concern” following the outbreak, and rapid spread of the 2019 novel coronavirus (now officially ...
'Force Majeure' In the Wake Of the Financial Crisis Following the Great Recession, courts have indicated a willingness to consider recessions as force majeure events if the parties intended such ...
Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Khadija Khartit is a strategy, investment, and ...
This IP Office decision clarifies that non-use defences based on force majeure or other extraordinary circumstances will be construed narrowly. Register for free to receive our newsletter, view ...
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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 ...