Many contracts include a provision called “force majeure” (fancy term for “superior force”). Force majeure means unforeseeable circumstances that prevent a party from fulfilling its contractual obligations. This provision is often boilerplate language and rarely the cause of any great disagreement between parties when negotiating the agreement. But now, as COVID19 brings the world economy to a crawl, businesses and individuals should review their contract language to see whether a “force majeure” provision is triggered.… Continue Reading