‘Force Majeure Clauses: Part of Your Emergency Toolkit’

“Force majeure clauses are commonly included in commercial agreements to reduce the effect or risk of disruptive events that are beyond the control of the contracting parties. The concept of force majeure is related to the contract law doctrine of frustration since they both deal with the implications of an event that affects a party’s ability to comply with the contract. Force majeure provisions are distinct, however, in that they seek to define the types of events that qualify as force majeure, and they should define the contractual consequences that flow from the event …” (more)

[Daniel Standing, Slaw, 2 December]

First posted 2021-12-04 16:30:44

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