Apr 28, 2020 | Articles, COVID-19 Resources
What is force majeure and how is it different from an act of God? The term force majeure is French for “a superior force”; it’s sometimes called a fortuitous event. A force majeure clause is a contract provision that allocates the risk of loss if performance by a...Apr 20, 2020 | Articles, COVID-19 Resources
As the COVID-19 crisis continues, companies should check to see if their agreements allow for termination or nonperformance upon the occurrence of a “material adverse change” or “material adverse effect” (often called a MAC). MAC clauses are...