Covid-19 | What is Force Majeure and how does it work?
Update: 2020-04-14
Description
Russ Grazier introduces a call with Sandy Hall, a partner in Clifford Chance's International Construction Group, and John Batty, Technical Director at Bridge Insurance Brokers Ltd.
Literally meaning 'superior force', force majeure ia a clause in a contract normally used to describe a contractual term by which one or more of the parties is entitled to suspend performance of its affected obligations following an event beyond its control. We discuss how this may impact contracts in the time of the Covid-19 outbreak.
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