In our previous article, we discussed anticipatory repudiation and demands for adequate assurances—legal concepts that may arise when a party to a contract expects that its counterparty may not ...
MIECO LLC v. Pioneer Nat. Res. USA, Inc. May a seller of energy invoke force majeure to excuse its non-performance under a delivery contract – a contract that obligates the seller to deliver a ...
Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Khadija Khartit is a strategy, investment, 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 ...
Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. In legal contracts, there is a clause called force majeure, which removes ...
The wildfires that decimated the resort town of Lahaina on the Hawaiian island of Maui have brought to the fore an important question for meeting and incentive-program planners: Is an event contract’s ...
(Reuters) - As the coronavirus outbreak in China shows no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are considering the legal defense of force ...
With the writers strike now underway in Hollywood and the studios beginning to suspend some overall and first-look deals, the clock has begun ticking on the introduction of two words that instill fear ...
Let’s say, as recent reports have suggested is imminent, you’ve been suspended on the basis of a force majeure. Are you in the same boat as others in your situation, and if so, what can you do about ...
When it comes to work stoppages in Hollywood, what exactly is an act of God? It’s a question that sent studios scrambling amid the COVID-19 pandemic, but even now there’s not much clarity around ...