In recent years, natural disasters have become increasingly frequent and severe, disrupting industries and communities worldwide. Events such as Hurricane Helene and the extreme weather conditions ...

With their doors closed by mandatory government shutdown orders in effect until most states started gradually reopening in May and June, many businesses have found it difficult or impossible to ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. In legal contracts, there is a clause called force majeure, which removes ...

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Though often boilerplate language, force majeure clauses in contracts are seldom invoked unless for the occurrence of some sort of extraordinary event. The clause typically relieves both parties from ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Khadija Khartit is a strategy, investment, and ...

"Force majeure" is the contract provision that describes events the parties agree are reasonably unforeseeable, unavoidable and outside of either party's control. Events triggering force majeure may ...

Tennessee’s first athletics coaching contracts executed since the onset of the COVID-19 pandemic include a force majeure clause that did not previously exist in Vols contracts. Force majeure clauses ...

In the past, force majeure provisions were regularly overlooked in contracts, inserted as a boilerplate without much thought. That all changed with COVID-19, says Kate Cooper, shareholder at Babst ...

Many contractors and owners have re-examined the contractual provisions used to manage increased material costs and scheduling risks. Some have sought to invoke legal doctrines like force majeure and ...

As Oklahoma State athletic director Mike Holder ticked off the changes made to football coach Mike Gundy’s contract Friday following a law firm’s investigation into the treatment of players in the ...

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