Force Majeure

Contractual Force Majeure Provisions

The effects of the COVID-19 pandemic are rapidly becoming ubiquitous; reaching nearly all corners of the globe and impacting all facets of daily life. With commerce grinding to a near halt—particularly in those regions subject to mounting government restrictions on business operations, public gatherings, and travel—contracting parties are facing uncertainty about the feasibility of satisfying their contractual obligations. From a legal perspective, the upshot is likely to be a significant increase in litigation stemming from parties’ attempts to obtain relief from their performance obligations.  read more