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Disruption in the Strait of Hormuz is beginning to trigger force majeure claims across commodity trades, adding a legal dimension to ongoing supply chain challenges. Companies affected by delays and rerouting are increasingly invoking contractual protections, raising questions over liability...
#commodity trade#force majeure#Hormuz
Jason Medley of Clark Hill discusses the recent focus on “force majeure” clauses in contracts and proposes a more important…
#COVID-19#force majeure
Given the many disruptions to business operations in light of COVID-19, and... (more…)
#force majeure