In recent years, natural disasters have become increasingly frequent and severe, disrupting industries and communities worldwide. Events such as Hurricane Helene and the extreme weather conditions ...

Force majeure clauses in contracts help companies avoid liabilities from unforeseen events. COVID-19 led many firms to invoke force majeure due to disrupted operations. Investors must consider force ...

The Texas Supreme Court recently provided new guidance in interpreting force majeure language in an oil and gas drilling dispute. In Point Energy Partners Permian ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Khadija Khartit is a strategy, investment, and ...

The wildfires that decimated the resort town of Lahaina on the Hawaiian island of Maui have brought to the fore an important question for meeting and incentive-program planners: Is an event contract’s ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. In legal contracts, there is a clause called force majeure, which removes ...

War-related events will not always constitute a force majeure event in the Kingdom of Saudi Arabia (KSA) – and there are reasons why businesses might not trigger those clauses even if they do.

"Force majeure" is the contract provision that describes events the parties agree are reasonably unforeseeable, unavoidable and outside of either party's control. Events triggering force majeure may ...

Qatar’s largest LNG export terminal has not shipped cargo for five days, the longest uninterrupted period since 2008, ...

Several Gulf nations have declared force majeure on oil and gas shipment since the US-Israel’s war on Iran was launched.