A new look at the old standard: “Force Majeure” clauses
Gordon P. Firemark
MARCH 19, 2020
With Covid-19/Coronavirus causing cancellation of events and transactions around the globe, people are naturally looking at whether they must still perform their contractual obligations and whether they are entitled to refunds of deposits and advance payments they've made. Most contracts do include a so-called “force majeure” clause as part of what's usually considered the boilerplate. Contract language that's fairly universal and non-negotiatiable.