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risk allocation tool

By Occasional Contributors | 5 Minutes Read March 31, 2020

COVID-19 and force majeure: A word of caution

The insurgence of the novel COVID-19 pandemic and its ensuing effect on the domestic and global economies has required companies to consider potential remedies should they, or their counterparties, not be able to perform under contracts. One potential remedy is force majeure.

Article by Occasional Contributors / Business, Finance and Accounting / contractual agreement, doctrine of frustration, duty to mitigate, force majeure, risk, risk allocation tool

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