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 ...
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 ...
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 ...
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 ...
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 ...
After New York's governor banned large gatherings at the start of the coronavirus pandemic, the head of the Metropolitan Opera invoked a contract clause called force majeure and laid off all unionized ...
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 ...
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 ...
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, ...