A force majeure clause can free one or both parties from the obligations of a contract if uncontrollable circumstances occur that make fulfilling the contract impossible. In today’s unprecedented environment, many organizations impacted by COVID-19 are uncertain about the application of force majeure and its impact on their obligations.
Our panel used eBrevia’s AI-powered contract analytics software to study force majeure in a broad set of contracts from the last 20 years. This research highlights the complexities around identifying and interpreting force majeure clauses in contracts.
In this webinar, you’ll learn:
- What is force majeure, and why it is a challenge to identify and interpret in contracts
- How to assess the impact of force majeure clauses by leveraging resources at law firms, legal services providers and technology solutions
- How to conduct a review for force majeure clauses in your contracts quickly and cost-effectively
Contract review for force majeure is not simple. Any analysis must focus on the contract language, the facts and the law. Force majeure clauses cannot be analyzed in a vacuum; the other contract provisions and the current environment must be considered. Utilizing technology, such as eBrevia’s artificial intelligence contract analytics software, helps expedite contract review, extracting the relevant provisions for legal analysis.
- Ned Gannon, President, eBrevia, A DFIN Company
- Ashley Hess, Partner, BakerHostetler LLP
- Katherine Lowry, Director of Practice Services, BakerHostetler LLP
- Chase D’Agostino, AVP of Corporate Solutions and Strategic Growth, QuisLex