Force majeure refers to a provision that can be included in contracts to address unforeseen circumstances or events that are beyond the control of the parties involved and that prevent them from fulfilling their contractual obligations. The term “force majeure” is derived from French civil law and translates to “superior force” or “greater force.”
Force majeure clauses are typically included in contracts to allocate the risk and responsibility between the parties in the event of extraordinary or unavoidable events that make performance of the contract impossible or impracticable. These events are often referred to as “force majeure events” or “acts of God” and may include natural disasters, war, riots, strikes, government actions, and other similar occurrences.
Force Majeure
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