Title: Force Majeure Clauses - Checklist and Sample Wording
Language: English
Type: Document
Nature: Checklists
Published: January 1, 2024
Region: Global
Country: Global / Non-Specific
Topic: Financing and Risk Mitigation
Keywords: PPP Tools *, Checklists and Risk Matrices**, Toolkits **, Force majeure/act of god
Document(s):
Document Summary:
Certain events, beyond the control of the parties, may inhibit the parties from fulfilling their duties and obligations under the project agreements. To avoid the resultant breach of contract, parties may prefer to excuse contractual obligations to the extent that they have been so inhibited.
Document Details:
Different legal systems have developed different theories in response to this need, including the doctrines of impossibility and frustration in England and the United States and force majeure in France. Under French law force majeure is an event that is unforeseeable, unavoidable and external that makes execution impossible.[1]
Tracking Number: Force_Majeure_Clauses_Checklist_Sample_Wording_EN
[1] "Impossibilité absolute de remplir ses obligations due à un événement imprévisible, irrésistible et extérieur" French Civil Code, arts 1147 and 11248 (30 August 1816, reprinted 1991).
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