Is recession force majeur?

This is a discussion on Is recession force majeur? within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; Could the world economic recetion 2008, automatically, terminate an investation agreement on the basic reason of force majeur?...

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Old Nov 4th, 2009, 10:45 PM   #1
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Default Is recession force majeur?

Could the world economic recetion 2008, automatically, terminate an investation agreement on the basic reason of force majeur?
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Old Nov 5th, 2009, 12:00 PM   #2
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Default Re: Is recession force majeur?

Normally that will not suffice. Good try though!
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Old Nov 9th, 2009, 04:01 AM   #3
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Default Re: Is recession force majeur?

Interesting - I see this phrase all the time in contracts, and never been satisfied it is anything other than weasel words. Can you give me some quick for examples? Like what typical claims of force majeur in business are acceptable and legally defendable and which ones have been successfully denied?
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