The scope of supply-chain disruption from the Covid-19 outbreak has highlighted the importance of a well-crafted force majeure clause. It’s also brought this sometimes-overlooked contract provision out of the dark obscurity of “fine print” and into the light of increased scrutiny and discussion in the Covid-19 legal news world.
So, what is force majeure, when does it apply, and how is it being shaped and applied in light of the novel coronavirus pandemic?
Force Majeure Means What the Parties Say It Means
Force majeure means “supervening cause or force.” In the United States and other common-law jurisdictions such as ...