How familiar are you with Vis Major clauses in leases, mortgages, and other contracts? Our guess is: probably not very familiar. Vis Major is Latin for “Superior Force”; in French, that’s: Force Majeure. Before we explore “what” might constitute a superior force and other facets of the force majeure concept, we’ll work on “why” – “why” do we include such provisions into our documents? Allow us to ramble somewhat. [Read more…]
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