Recent tariff impositions raise a new question: does your contract address and allocate risk for tariff-related cost ...

Most force majeure clauses contain a list of events which ... relying instead on the general meaning of the words. Work out whether the event being relied upon as the basis for invoking the ...

The wording dealing specifically with gas prices affecting the customer was not sufficient to alter the meaning of the rest of the force majeure clause. An argument may be made that the credit crunch ...

Many commercial contracts, including most supply agreements, contain a force majeure clause, but the language used in the contract can vary significantly. Some force majeure contracts state in ...

The reaction among other executives and industry experts—heard at Aviation Week’s record-attendance MRO Americas conference April 8-10—was palpable. Reuters and analysts later reported that other ...

During the pandemic, “the specific clauses regarding force majeure and the contractual assignment of risk were particularly important and determinative in the tribunals’ decisions ...

However, they are also moving lower on reports that “force majeure” had reared its head again in the contracting world. Specifically, defense stocks are declining because a leading materials ...

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 ...