Article
Weathering the Storm: The Force Majeure Clause
September 29, 2011
What You Need to Know
What happens when an event, outside of the control of a contracting party, prevents or hinders performance of contractual obligations? Sometimes landlords and tenants cavalierly believe they will be saved by the application of the doctrine of force majeure. However, if a lease does not contain a force majeure clause, including a definition of what constitutes force majeure,no relief for a force majeure event will actually be provided by law.
Read the full article here:Weathering the Storm - Force Majeure Clause- September 20-2011