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In the context of the conclusion of contracts between entrepreneurs under the Czech Civil Code, it is a relatively common arrangement that the parties disclaim any and all liability for damage arising from non-compliance with contractual obligations, if they can prove that this failure was due...
Persistent link: https://www.econbiz.de/10011922799
The paper discusses scenarios for Asian long-term LNG contracts (LNG SPAs), taking into account the COVID-19 crisis, which, as this paper argues, will have a significant impact on the evolution of contractual arrangements in the industry. Recent market events have delivered multiple incentives...
Persistent link: https://www.econbiz.de/10012663568
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In the context of the conclusion of contracts between entrepreneurs under the Czech Civil Code, it is a relatively common arrangement that the parties disclaim any and all liability for damage arising from non-compliance with contractual obligations, if they can prove that this failure was due...
Persistent link: https://www.econbiz.de/10011448877
Persistent link: https://www.econbiz.de/10012314377
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Persistent link: https://www.econbiz.de/10004848164
Purpose This study aims to investigate the legal consequences of the use of force majeure (FM) clause in a contract related to the prospect of business sustainability. In addition, this paper also examines the legal risk perspective toward the interpretation of FM clauses in contracts that...
Persistent link: https://www.econbiz.de/10014781961