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 ...
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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 ...
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 ...