Search results
Jan 15, 2015 · Learn what force majeure means in law and how it affects contract performance and liability. Find out what events are considered force majeure, how to draft a force majeure clause, and the difference between force majeure and impossibility.
Force majeure is a clause in contracts that excuses or suspends liability or obligation when an extraordinary event beyond the parties' control prevents performance. It is also a concept in international law that refers to an irresistible force or unforeseen event that makes it impossible to fulfill an obligation.
Jun 10, 2024 · Force majeure is a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes interrupting the expected timeline and preventing participants from fulfilling...
Sep 17, 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.
Learn what a force majeure clause is and how it can excuse a party from a contract in case of unforeseeable events. See examples of force majeure clauses in different types of contracts and how they apply to COVID-19.
Sep 18, 2024 · force majeure, in commercial and international law, an extraordinary and unforeseen event whose occurrence would free the parties in an agreement from certain obligations to one another. Force majeure incidents typically include wars, natural disasters (e.g., earthquakes), terrorist attacks, epidemics, and civil unrest, such as riots.
Force majeure clauses are vital tools for managing risk in contractual relationships, especially in an unpredictable world. By clearly defining the scope and application of force majeure, businesses in Malaysia can protect themselves against unforeseeable events that could disrupt their operations.
