The current global business environment is unique. Businesses around the world are evaluating whether and when to intentionally underperform—or not perform at all—on a contract and are then seeking protection under a force majeure defense. Authorities have issued or are considering issuing force majeure “certificates” to provide a company a potential shelter from litigation. However, such a hall pass is just the starting point. Regardless of whether a company receives a pass, there are many economic considerations for a force majeure event.
asia banks care CARES Act competition compliance consumer contracts corporate finance credit data digital disputes economy employment energy finance funding gas government health healthcare holiday 2020 hospitals innovation investments labor leadership lng loan market policy providers recovery regulatory remote work retail risk small business strategy supply chain technology telehealth thinkset workplace