As the COVID-19 crisis and its economic fallout intensify, contractual parties have increasingly invoked force majeure provisions to excuse performance of contracts. This article is a follow up to Schiffer Hicks Johnson’s...more
4/10/2020
/ Affirmative Defenses ,
Breach of Contract ,
China ,
Contract Negotiations ,
Coronavirus/COVID-19 ,
Crude Oil ,
Downstream Agreements ,
Force Majeure Clause ,
Imports ,
Impossibility ,
India ,
Liquid Natural Gas ,
Nonperformance ,
Oil & Gas ,
Physical Impossibility Rule ,
Refineries ,
State of Emergency ,
Storage Tanks ,
Supply and Demand ,
Supply Contracts
While the Novel Coronavirus (also known as COVID-19) appears poised to inflict considerable damage on human populations across the world, it is also likely to exact a grave toll on the global economy. Supply chains are...more
3/4/2020
/ Affirmative Defenses ,
Breach of Contract ,
Business Closures ,
Choice-of-Law ,
Civil Liability ,
Coronavirus/COVID-19 ,
Cross-Border Transactions ,
Force Majeure Clause ,
Nonperformance ,
Public Health Emergency ,
Supply Chain