In this podcast, moderated by attorney Landon Van Winkle, attorneys Lauren V. Reeves and Eugene (“Gene”) W. Chianelli, Jr., discuss the basic operation of force majeure clauses in modern contracts: including explaining what force majeure clauses are, how they work, and why they are included in certain contracts. We make practical observations about the enforcement of force majeure clauses and some common pitfalls encountered in raising force majeure clauses as defenses. We compare and contrast force majeure with related defenses to contract enforcement, including impossibility, impracticability, and frustration of purpose. We also explore the increasing prevalence and importance of force majeure clauses in contracts in the COVID-19 era.
It would take an act of God: Force Majeure Clauses and their increasing importance in the era of COVID-19
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Creditor's Corner
Smith Debnam’s Creditors’ Corner Legal Talk Podcast Series explores regulatory and litigation trends impacting the consumer financial services industry. Become well-versed in state laws, federal laws, news from the supreme court, and the latest updates and trends in consumer financial services litigation. This podcast is a must-listen for those working in financial institutions, consumer finance, consumer credit, mortgage servicers, auto finance companies, litigators, and more. Listen to great topics on consumer protection laws, regulatory compliance, and consumer lending, as well as legal updates in the area of Tax Law, Trusts & Estates, Real Estate Law, and Equipment Leasing and Finance.
Hosted by Smith Debnam’s experienced legal team – this podcast provides practical analysis and helpful insights from leading attorneys in their respective fields of law.