177. Are Wildfires, Hurricanes, and Other Uncontrollable Events Actually Considered Force Majeure?
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What happens to your fees as a service provider if a hurricane, wildfire, or other natural disaster prevents you from fulfilling your contract as a business owner?
In this episode of The Legal Paige, I’m discussing the intricacies of force majeure clauses in contracts, which is especially important in light of increasing natural disasters like wildfires. I’m breaking down exactly what a force majeure clause is, how to implement it effectively, and why it’s a crucial clause for service providers to include in their contracts. Through real-world examples and practical advice, I’m making sure you are well-equipped to handle unexpected events that could impact your business operations.
Tune into this episode to hear:
- What a force majeure clause is and how it protects service providers from liabilities due to uncontrollable events.
- Common force majeure events, including both natural disasters and man-made events.
- Notice requirements in force majeure clauses to ensure timely communication between parties.
- What happens with service payments during a force majeure event.
- Real-world examples that show the application and importance of having a force majeure clause in contracts.
Links and Resources:
The Legal Paige Force Majeure Clause (A la Carte)
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