One key provision that plays a critical role in this context is the force majeure clause and/or material adverse event clause in contracts. A force majeure clause is a contractual provision that ...

There is rightfully a lot of buzz in the industry about force majeure clauses. Authors are writing about how far and how much they protect contracting parties from unforeseen and uncontrollable ...

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 ...

The force majeure clause is a very important provision ... Applicable law clauses. In its most basic form, the applicable law clause lays out exactly which state's laws the contract is governed ...

If contracts have force majeure clauses—meaning "superior force ... or policy offers a 50% or full refund or any other form of restitution. What is considered an act of God varies across ...

From the sale of Delta Private Jets to Wheels Up in 2019, through the premature reports of its demise, and what's next, four ...

JLR quarterly results hit by supply constraints caused by summer floods in Switzerland. Tata Motors -owned Jaguar Land Rover ...

Gauhati High Court held that petitioner is entitled to claim input tax credit subject to conditions prescribed to newly inserted section 16 (5) and section 16 (6) of the CGST Act, 2017 which are ...

An international security firm has been ordered to pay a worker €2,500 in compensation and give him back three days' holidays for refusing him force majeure leave while his wife was left ...

On the blame list: transgender people, “economic headwinds,” ontologically racist voters—anyone but the powerful people ...

TOKYO: PETRONAS has declared force majeure on gas supplies to its liquefied natural gas (LNG) production and sales unit, Malaysia LNG, due to a pipeline leak, said a spokesperson at Mitsubishi ...