Rethinking Force Majeure Clauses in Commercial Leases in ...

What is a Force Majeure Clause? Force majeure is defined in Merriam-Webster Dictionary an “event or effect that cannot be reasonably ...

How a force majeure clause alters a commercial lease

The average lease contains dozens of separate clauses discussing everything from maintenance to the severability of different obligations. A ...

Navigating Commercial Leases in a Post-Pandemic World

A force majeure clause is an essential component of a commercial lease agreement and should be updated to account for any potential disruptions ...

Rethinking the “Force Majeure” Clause in Light of the Coronavirus ...

In fact, many purchase and sale agreements, loan documents, and commercial leases contain Force Majeure language; but, it is rare to see Force ...

The Evolution and Importance of Force Majeure Clauses in ...

Force majeure clauses have been a part of commercial real estate lease agreements for as long as anyone can remember.

Why Commercial Landlords Need To Rethink 10-Year Leases

Force majeure clauses allow contracting parties to be freed from some or all of their contractual obligations in the event of an unforeseen ...

Force majeure in leases and Covid lockdowns - QUT ePrints

In this article we examine if it is time to rethink the drafting of force majeure clauses in commercial leases to better balance the rights of ...

COVID-19: Reshaping Your Lease Agreement for Office, Retail and ...

The application of the current COVID-19 epidemic has incited many to invoke force majeure application to their lease agreements, thereby adjusting duties to ...

Force Majeure Considerations for Commercial Leases in Indiana

A typical force majeure clause within a lease will temporarily excuse a party's performance under the lease upon one of the specified force majeure events. Such ...

A Surprising Result ' Applying Force Majeure Clauses To ... - vLex

A Surprising Result ' Applying Force Majeure Clauses To Commercial Leases In The Wake Of COVID Shutdowns ... reconsider how force majeure provisions are drafted ...

Q&A: Rethinking commercial contracts post COVID-19

Dane: Force majeure clauses are in sharp focus as a result of the COVID-19 pandemic and resulting national lockdowns and restrictions, which have meant certain ...

Commercial Leases and Force Majeure - Baker McKenzie

Force majeure clauses, common in most commercial lease agreements, generally excuse, or temporarily delay, certain landlord or tenant lease obligations due to ...

COVID-19, Commercial Leases, and Force Majeure - Anthony Ostlund

Like all contract terms, whether a force majeure clause in a commercial lease excuses performance depends upon what the parties intended.

Applying Force Majeure Clauses to Commercial Leases in the Wake ...

A Surprising Result - Applying Force Majeure Clauses to Commercial Leases in the Wake of COVID Shutdowns · Background & Facts. LAF Canada Company ...

Commercial Leasing: Reexamining Force Majeure in the Post ...

The force majeure provision should also not absolve the landlord of an obligation to act as a prudent operator, accounting for known delays ( ...

Force Majeure - McCarthy Tétrault LLP

This outcome should give pause to both commercial landlords and tenants. The court's decision provides grounds for landlords and tenants to reconsider how force ...

A Bankruptcy Court Weighs In: Do Force Majeure Clauses Excuse ...

laws, governmental action or inaction, orders of government.... Lack of money shall not be grounds for Force Majeure. The ”governmental action” ...

COVID-19 & Commercial Leases: Rethinking Frustration and ...

Force Majeure in Canadian Law · Mike TherouxApril D Grosse. Law. 2011. Force majeure clauses are intended to allocate risk for future events that, if they occur ...

Rethinking boilerplate provisions in leases for franchisees - Lexology

When negotiating force majeure clauses, make sure the clause applies equally to all parties. Be sure to include specific examples of events that ...

An “Act of God”? Rethinking Contractual Impracticability in an Era of ...

coverage (such as for personal and commercial property policies), business ... clauses and certainly among them force majeure clauses. ... Thus, the ...