Article
Force Majeure Clauses In The Stormy Era – Why Parties Should Revisit Force Majeure Clauses To Protect Themselves
In an era of heightened geopolitical tensions, economic sanctions, and natural disasters, international trade faces unprecedented disruptions. Force majeure clauses have become critical risk allocation mechanisms, yet many parties fail to understand their limitations and requirements. This analysis examines why businesses must carefully draft and review these contractual provisions to protect themselves from liabilities arising from circumstances beyond their control.
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