The article provides valuable insights into how individuals and businesses can protect themselves from the impact of force majeure events in international contracts, particularly in light of the COVID-19 pandemic.
It provides specific recommendations that businesses and legal professionals should consider when formulating a force majeure clause in international contracts. The recommendations include specifying the force majeure circumstances in detail, describing an alternative route provision, making the clause detailed enough to account for potential delays caused by the pandemic and considering the financial impact of force majeure events.
It provides specific recommendations that businesses and legal professionals should consider when formulating a force majeure clause in international contracts. The recommendations include specifying the force majeure circumstances in detail, describing an alternative route provision, making the clause detailed enough to account for potential delays caused by the pandemic and considering the financial impact of force majeure events.