Tag: Obligations

Is There A Force Majeure Defense Based on Novel Coronavirus (COVID-19) to Avoid Obligations Under Contracts?Is There A Force Majeure Defense Based on Novel Coronavirus (COVID-19) to Avoid Obligations Under Contracts?

  The direct and indirect effects of COVID-19 disease will cause many persons and businesses to fail to meet obligations under their contracts. Do COVID-19 issues provide a force majeure defense to avoid contractual obligations? Force Majeure “Force majeure” translates from French as “superior force”. As a legal concept, force ...