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March 24, 2020FORCE MATURE CLAUSES: A 4STEP CHECKLIST & Flowchart Our Clients and Friends: The rapid spread of COVID-19, and increasingly stringent government orders regulating the movement and gathering
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Gibson Dunn force majeure refers to legal provisions that allow parties to suspend or terminate obligations under a contract due to extraordinary events that are beyond their control, as interpreted by the law firm Gibson Dunn.
Parties to contracts that include a force majeure clause may be required to file for relief under that clause if they cannot fulfill their contractual obligations due to qualifying events.
To fill out a Gibson Dunn force majeure claim, parties typically must complete a form that details the circumstances of the event, the obligations affected, and any supporting documentation.
The purpose of Gibson Dunn force majeure is to provide a legal framework for relief from contractual obligations due to unforeseen circumstances, thereby protecting parties from liability under certain conditions.
Information that must be reported includes the specifics of the force majeure event, the impacted obligations, the duration of the impact, and any measures taken to mitigate the effects.
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