Does Harvey Give You An Excuse: Force Majeure And Related Contract Doctrines
In the wake of Hurricane Harvey, a number of energy companies have declared force majeure or announced shutdowns in southeast Texas, the nation’s hub for petrochemical plants and refineries, reports David M. Bond in Kane Russell Coleman Logan’s Energy Law Today blog.
His article provides an overview of applicable doctrines and makes some suggestions for including force majeure provisions in contracts.
One section, titled “How to Protect Against Force Majeure Events in Your Contracts,” Bond advises that force majeure provisions should always be included, and they should identify possible events tailored to your specific business and risks.