X
20Feb

Coronavirus and Force Majeure in English Law - What does the Coronavirus mean for supply contracts, and is it possible for parties to avoid contractual obligations due to low demand?

- Under English law, force majeure clauses in contracts may allow parties to avoid their performance obligations in certain extreme circumstances, as defined by the contract. - It is unlikely that a low demand for LNG in China would reach the level...
By: Pillsbury Winthrop Shaw Pittman LLP
Source Url: https://www.jdsupra.com/legalnews/coronavirus-and-force-majeure-in-29939/

Related

Employers: You Have Two Weeks to Comply New EEO-1 Reports Component 2 Data Due September 30th

In case you haven't already heard, on July 1, 2019, the Equal Employment Opportunity Commission (“E...

Read More >

[Audio] Blakes Continuity Podcast: Distressed M&A Forecast: A Mix of Sun and Clouds

Distressed M&A may offer a silver lining for both buyers and sellers ? if you look for that break in...

Read More >

It’s About Time!: DOL’s Overtime Regulations Become Final

On September 24, 2019, the U.S. Department of Labor (DOL) announced its final rule updating the earn...

Read More >

Now What? Practical Tips for Navigating California Post-A.B. 5

On September 18, 2019, California Governor Gavin Newsom signed into law sweeping legislation—Assemb...

Read More >

“Reasonableness” Is in the Eye of the Beholder: Vague Contracts Clauses Invite Litigation

Schick, the shaving product company, recently announced it was abandoning its proposed $1.4 billion ...

Read More >

Corporate Preparedness in the New Environment: Planning for Shareholder Activist Campaigns or Unsolicited Takeover Activity

The evolving coronavirus/COVID-19 pandemic, which has caused profound worldwide human suffering, has...

Read More >