COVID-19 as a Trigger for Force Majeure

ebook A Global Survey

By Lisa Richman

cover image of COVID-19 as a Trigger for Force Majeure

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Businesses in all industries and locations are facing contract performance and enforcement issues right now. Although force majeure clauses are most common in construction and real estate contracts, as a result of COVID-19, more businesses are likely to add such clauses and to ask for insurance coverage. Be prepared with guidance that directly addresses the multi-jurisdictional variations—in the US and globally.

COVID-19 as a Trigger for Force Majeure: A Global Survey is an FAQ eBook providing answers to key questions such as:

1. How does COVID-19 affect contractual obligations, including insurance policies?

2. How are force majeure provisions, especially the ones in insurance contracts, interpreted in the jurisdictions in which a business operates?

3. What types of events qualify as force majeure in those jurisdictions? Under what circumstances will an event be considered a "qualifying event"?

4. Do courts there construe force majeure clauses broadly or narrowly and on what basis?

. What insurance coverage for business interruption might be available to a claim of force majeure?

6. What steps should you take if you think force majeure might apply to your contracts?

7. Are there additional contract provisions or principles that a party can leverage to excuse its lack of performance in that jurisdiction?

8. What should you do if you receive a force majeure notice?

9. Are there additional remedies for the counterparty?

This expert-written eBook is current with the October 2021 update of filings and rulings to help you stay on top of this rapidly developing legal issue.

The pandemic is continually changing the environment, and the long-term effects on businesses and their agreements will be reviewed for months to come. This timely resource covers:

  • distinctions relevant to COVID-19 and force majeure
  • how a force majeure clause can be used to manage risk
  • historical considerations of pandemics as force majeure events
  • what insurance policies cover force majeure events
  • the next steps for an insurance company after a global pandemic
  • October 2021 updates of case law, litigation filings, and executive orders for included states and countries
  • COVID-19 as a Trigger for Force Majeure