The tectonic plates have shifted once again, this time with trade tariff announcements from the incoming Trump administration, sowing the seeds ...
I am the President of Diversified, a CFP and author. In legal contracts, there is a clause called force majeure, which removes liability from unforeseeable and unavoidable catastrophes that may ...
In 2024, the courts provided clarity on a wide range of issues including contractual interpretation, force majeure provisions, the application of material adverse effect clauses, shareholder ...
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Force majeure at Libya’s Zawiya Refinery threatens exports and oil expansion plansThe force majeure is a legal clause that allows companies to suspend contractual obligations due to unexpected events beyond operators' control. A force majeure was last declared following the ...
For construction companies and their ongoing projects, the bridge collapse could trigger contractual force majeure clauses. Force majeure clauses go into effect when a natural disaster or similar ...
The landlord also claimed that force majeure clause extended its deadline. A force majeure clause generally excuses or delays certain lease obligations due to unforeseen circumstances. Johnson ...
The Dhaka Stock Exchange on Monday downgraded four companies to ‘Z’ category due to non-compliance with securities ...
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Sourcing Journal on MSNOcean Carrier Giants Invoke ‘Force Majeure' Following Baltimore Bridge CollapseIn the wake of the deadly Francis Scott Key bridge collapse in Baltimore, container shipping giants are wasting no time in ...
KAMPALA, Uganda--Sudan has lifted force majeure on oil exports from South Sudan, citing improved security conditions despite continued fighting, according to Sudan's energy and petroleum ministry.
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