The conditions created by the coronavirus (COVID-19) pandemic and resulting government shutdown orders have raised questions across various industries regarding contractual rights and obligations ...
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 is lurking in the shadows of the Hollywood strikes, offering struggling studios a potential lifeline out of debt. But the best attorneys and the strongest contracts are proactive, rather ...
Forbes contributors publish independent expert analyses and insights. I am the Executive Chairman of Diversified, a CFP and author. In legal contracts, there is a clause called force majeure, which ...
Though often boilerplate language, force majeure clauses in contracts are seldom invoked unless for the occurrence of some sort of extraordinary event. The clause typically relieves both parties from ...
Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? Log in now to continue reading. What we have learned through that experience is that ...
Tennessee’s first athletics coaching contracts executed since the onset of the COVID-19 pandemic include a force majeure clause that did not previously exist in Vols contracts. Force majeure clauses ...
In the past, force majeure provisions were regularly overlooked in contracts, inserted as a boilerplate without much thought. That all changed with COVID-19, says Kate Cooper, shareholder at Babst ...
As Oklahoma State athletic director Mike Holder ticked off the changes made to football coach Mike Gundy’s contract Friday following a law firm’s investigation into the treatment of players in the ...
Whether you agree with the shutdowns and government actions that have resulted from the COVID-19 pandemic, the reality is there have been significant economic implications. As months and years go by, ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
"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 ...
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