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Extraordinary and unforeseen event
- force majeure, in commercial and international law, an extraordinary and unforeseen event whose occurrence would free the parties in an agreement from certain obligations to one another. Force majeure incidents typically include wars, natural disasters (e.g., earthquakes), terrorist attacks, epidemics, and civil unrest, such as riots.
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It refers to an event, either external or internal, that happens to a vessel or aircraft that allows it to enter normally restricted areas without penalty. An example would be the Hainan Island incident where a U.S. Navy aircraft landed at a Chinese military airbase after a collision with a Chinese fighter in April 2001.
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Jun 10, 2024 · Force majeure is a clause included in contracts to remove liability for unforeseeable and unavoidable catastrophes interrupting the expected timeline and preventing participants from fulfilling...
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Learn the meaning of force majeure, a French term for superior or irresistible force, and how it is used in business contracts and law. See example sentences, word history, and related articles from Merriam-Webster dictionary.
Force majeure is a provision in a contract that frees both parties from obligation if an extraordinary event directly prevents one or both parties from performing.
Jan 15, 2015 · Force majeure defined and explained with examples. Force majeure: an unexpected, disruptive event that may excuse a party from performing duties under a contract.
Learn what a force majeure clause is and how it can excuse a party from a contract in case of unforeseeable events. See examples of force majeure clauses from different types of agreements and how they apply to COVID-19.
May 16, 2024 · Force majeure is a legal concept that frees parties from obligations in case of extraordinary and unforeseen events. Learn about the origin, types, and applications of force majeure in commercial and international law, with examples and facts.
