Welcome to FTW Explains: a guide to catching up on and better understanding stuff going on in the world. There was a recent report from ESPN's Adrian Wojnarowski that stated the NBA "plans" to keep ...

The coronavirus has disrupted the economy and business activity, making it difficult or challenging for some parties to honor their contractual obligations. In fact, it is apparent that parties are ...

In relevant part, clause (b)(iii) of the Power Annex (the "FM Provision") reads as follows: "Force Majeure. To the extent either party is prevented by Force Majeure from carrying out, in whole or in ...

After New York's governor banned large gatherings at the start of the coronavirus pandemic, the head of the Metropolitan Opera invoked a contract clause called force majeure and laid off all unionized ...

Gulf countries, including Qatar, Bahrain and Kuwait, have declared force majeure on gas exports following the United States-Israel war on Iran, now in its third week, and the disruptions to shipping ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The global financial crisis resulting from the COVID-19 pandemic will undoubtedly raise issues related to the economic viability of countless contracts. Parties will invariably look to enforce force ...

Whether you agree with the ­shutdowns and government actions that have resulted from the COVID-19 pandemic, the reality is there have been significant economic implications. As months and years go by, ...

This article provides a look at the roots of the force majeure doctrine, leading up to the recent Second Circuit decision 'JN Contemporary Art v. Phillips Auctioneers', where the court "remains ...

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 ...