The aim of this guide is to provide its readers with a pragmatic overview of the law and practice of force majeure across a variety of jurisdictions.
Each chapter of this guide provides information about the current issues affecting force majeure in a particular country and addresses topics such as COVID-19, legislation, contracts and insurance as well as insight and opinion on challenges and opportunities in their respective country.
The Q&A template for each chapter has been provided by Tom Cummins of Ashurst.
Hot Topic: The COVID-19 Pandemic and Force Majeure Clauses
The COVID-19 pandemic, and the accompanying government public health orders, caused the greatest economic turmoil in the United States in living memory. From March to April 2020, 22 million workers lost their jobs, causing the unemployment rate to soar from 3.5% to 14.7%. Several hundred thousand businesses collapsed. As people stayed home and cut consumption, …