What is ‘force majeure’? The legal term you’ll be hearing a lot during the coronavirus crisis

What is ‘force majeure’? The legal term you’ll be hearing a lot during the coronavirus crisis
Insure Covid

6:00 AM

Fast Company BY TALIB VISRAM

Businesses that find it impossible to fulfill contracts may be saved by clauses that void the contract due to acts of god. But “not all force majeure clauses are created equal.”

In 2015, as Ebola spread across Western Africa, the Moroccan government turned to an esoteric legal concept to postpone that year’s African Nations Cup: force majeure. It’s a common clause in legal contracts that allows either party to limit their liability in the face of some unforeseeable, extraordinary event. Morocco, which was set to host the biennial soccer tournament, claimed that the Ebola outbreak qualified.

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