Share on LinkedInShare on LinkedIn

ARTICLE · 04 MAY 2020

Timing Is Everything: International Chamber Of Commerce Updates Its Model Force Majeure And Hardship Clauses

McCarthy Tétrault
McCarthy Tétrault
Contributor
McCarthy Tétrault

McCarthy Tétrault

Built on a unique model of collaboration, innovation and efficiency, McCarthy Tétrault delivers...

View firm profile
Explore more from McCarthy Tétrault

Amid the ongoing COVID-19 pandemic there has been much discussion of the utility and function of force majeure clauses. Force majeure clauses are especially prevalent...

CanadaLitigation, Mediation & Arbitration

Amid the ongoing COVID-19 pandemic there has been much discussion of the utility and function of force majeure clauses. Force majeure clauses are especially prevalent in international commercial contracts. Many businesses incorporate and adapt model force majeure clauses into their contracts, including model clauses from the International Chamber of Commerce (the "ICC"). As such, businesses1 that use ICC clauses should be aware that in March 2020, the ICC released updated versions of its model Force Majeure and Hardship Clauses (the "new ICC Force Majeure and Hardship Clauses"). These clauses were last updated in 2003.

Below we have provided a brief overview of the force majeure principle generally, and summarized the new ICC Force Majeure and Hardship Clauses specifically, noting in particular any changes from their predecessors.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from