COVID-19 has dramatically impacted the commercial real estate industry. Even as states like Minnesota gradually reopen their economies, others are reversing earlier efforts to relax restrictions. As ...
We are starting to hear reports of businesses declaring the Trump Administration's Executive Order on tariffs to be a force majeure event under their contracts. Most of us now have rather more ...
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 ...
Early on in the COVID-19 pandemic, many businesses began to scrutinize force majeure clauses in their commercial contracts and leases. Such contractual clauses, when engaged, either permanently or ...
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The coronavirus pandemic and geopolitical conflicts around the world have made force majeure clauses more important than ever for international franchising, according to legal experts. In the case of ...
When two parties negotiate a contract, they generally are more focused on a positive outcome than the "what-ifs" that might occur during the course of the relationship. While many contracts are placed ...
"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 ...
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 ...
The pandemic provided a teachable moment regarding the wording of force majeure clauses, to be more relevant to the disruption, damages & timelines. Just because a contract has a force majeure clause ...
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 ...