Find out more about the Contracting Principles, which help parties take fair and balanced positions from the outset of negotiations.
Eléments de réponse et conseils dans la rédaction des contrats. Compte tenu de la portée singulière et universelle du Coronavirus (ou Covid-19), il est clair que l'exécution de nombreux contrats commerciaux, nationaux comme internationaux, sera mise à dure épreuve : retard...Elements of response and advice in drafting contracts. Given the singular and universal scope of Coronavirus (or Covid-19), it is clear that the execution of many commercial contracts, national and international, will be put to the test: delays, interruptions, renegotiations o...This legal update describes options that may be available to parties to contracts affected by COVID-19. In particular, we focus on the concept of Force Majeure, which translates from French roughly as "a major force", and which may excuse a party from the performance of its co...According to the China Council for the Promotion of International Trade, China has issued 4,811 force majeure certificates as of Mar. 3 due to the epidemic, state media Xinhua reported. Those contracts were worth 373.7 billion Chinese yuan ($53.79 billion), according to the re...The rapid spread of the novel coronavirus disease 2019 (COVID-19) and the varied government responses thereto have caused significant disruption to commercial operations and relationships.At the time of the Global Financial Crisis, the Force Majeure clause briefly rose to second place in the annual study of the most negotiated terms. Those buyers and suppliers who had sufficient power to drive changes sought to reshape the clause in ways that would work to thei...Considerations when determining whether a crisis event like COVID-19 triggers force majeure rights under US law.IACCM Covid-19 Crisis Management Kit