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Crude Oil Force Majeure Clause

A&O Shearman

War, sanctions and force majeure: a trifecta of trouble for an oil supply agreement

A&O Shearman on

The court has looked at a “hindrance” on paying a debt in the context of a force majeure clause and whether a sanctions clause or the general law of sanctions excused payment. Litasco, a Swiss company wholly owned by a...more

Hicks Johnson

Update: Force Majeure Provisions in the Age of COVID-19

Hicks Johnson on

As the COVID-19 crisis and its economic fallout intensify, contractual parties have increasingly invoked force majeure provisions to excuse performance of contracts. This article is a follow up to Schiffer Hicks Johnson’s...more

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