As businesses reopen, many companies will consider whether the enforced lockdown constitutes force majeure in breach of contract claims. Under most contracts, force majeure will release parties from liability due to any breach caused by the event, and may terminate the contract entirely. This webcast will cover the elements of declaring force majeure, what to consider when sending or receiving a notification, and a case study example to illustrate causation, mitigation and damages analyses.
Learning objectives:
- Interpret the elements