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10 Ιουν 2024 · Force majeure is a clause in contracts that excuses parties from liability for unforeseeable and unavoidable events that prevent them from performing their obligations. Learn the elements, application, and examples of force majeure in different jurisdictions and scenarios.
Force majeure is a contract clause that excuses liability or obligation when an extraordinary event beyond the parties' control prevents performance. Learn the legal meaning, scope, and application of force majeure in different contexts and jurisdictions.
15 Ιαν 2015 · Force majeure is a French term that means a superior or irresistible power, and refers to natural and unavoidable catastrophes that interrupt the expected course of events. Learn how force majeure clauses are used in contracts and insurance policies, and what events are considered force majeure or not.
Force majeure is a contract clause that excuses performance when an extraordinary event prevents it. Learn what events qualify as force majeure, how courts interpret them, and how they differ from other defenses.
17 Σεπ 2024 · A force-majeure clause is contractual provision allocating the risk of loss if performance becomes impossible or impracticable, esp. as a result of an event or effect that the parties could not have anticipated or controlled.
Force majeure clauses allow a party to leave a contract temporarily or permanently, in whole or in part, for catastrophes that were not foreseeable. These catastrophes must cause severe disruption to fulfill a contractual obligation.
What is a Force Majeure Clause? A Force Majeure clause, derived from the French term for "superior force," is a contractual provision addressing unforeseen circumstances that prevent a party from fulfilling their contractual obligations.