- As the coronavirus outbreak in China shows no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are considering the legal defense of force majeure.
The underlying event must be unforeseeable and not the result of actions undertaken by the party invoking force majeure. Natural disasters, strikes, and terrorist attacks can all be force majeure events.IS THE CORONAVIRUS OUTBREAK A FORCE MAJEURE EVENT? The coronavirus is “not carte blanche to say force majeure,” said Scannapieco, a shareholder at law firm Baker Donelson. “You have look at the facts and circumstances.”Cross-border deals typically include clauses that allow for non-performance during force majeure events, said Vanessa Miller, a U.S. lawyer at Foley & Lardner. These clauses are sometimes “cut and paste” and “not reviewed as carefully as they ought to be,” Miller said.
French oil major Total said a day later it had rejected a force majeure notice from an unnamed Chinese LNG buyer, the first global energy supplier to push back publicly against such an effort.
Diluted bleach spray. Off to quarantine with you!
China should return big parts of the South China Sea that belongs to Vietnam, the Philippines, Japan and Taiwan. Stop bullying your neighboring countries including Hong Kong. Stop the oppression to Uyghurs. This coronavirus is finally avenging them of your greed.
Chinese are prisoned at home due to corona virus and Uyghurs, a muslim minority, too but it was for the sake of getting cheap labor and bigger Chinese economy! However, the curse of this innocent minority have been suffering in many ways hit people and economy of China very badly
Which is more dangerous, corornavirus or those chemicals? 😕
Italia Ultime Notizie, Italia Notizie
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Fonte: Reuters - 🏆 2. / 97 Leggi di più »