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A Discussion on Force Majeure Clauses in Commercial Leases

The pandemic has shown that landlords and tenants should expect the unexpected. Therefore, a broadly drafted force majeure clause should be considered in their commercial leases that includes language addressing pandemics and other possible occurrences. ....

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A Discussion on Force Majeure Clauses in Commercial Leases

The pandemic has shown that landlords and tenants should expect the unexpected. Therefore, a broadly drafted force majeure clause should be considered in their commercial leases that includes language addressing pandemics and other possible occurrences. ....

Majeure Clause , Majeure Clauses , Pandemic Force Majeure Clauses , Force Majeure , Merriam Webster Dictionary , Pandemic Force Majeure , Covid 19 , Force Majeure Clauses , Commercial Lease , Global Supply Chain , Supply Chain Demand , Real Estate , Dispute Resolution ,

Tips To Consider Before Signing Your Next Office Lease

Tips To Consider Before Signing Your Next Office Lease
CRESA s Alex Coe on creating a real estate strategy to facilitate a company s business goals.
By
Alex Coe
Published in
Commercial Real Estate
May 4, 2021
4:30 pm
Despite businesses and markets across the country indicating strong signs of returning to the office, and limiting remote work practices, the demand for office space has not yet rebounded to the levels of recent years.
For the Dallas-Fort Worth market, construction of new inventory continues to trend upward – affecting both the increase of vacant supply and available space.
Alex Coe, CRESA
Office sublease space also continues to be added to the market. From an occupier’s perspective, trends suggest that the next several months will be a prime opportunity for office tenants to take advantage of the commercial real estate market; strike new deals; renegotiate current lease terms; or begin a renewal process. ....

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Wakeup call to NGOs: Covid-19 and our Collective Vision

Gobe Taziba
“If you feel you are out of your comfort zone. We are all out of our comfort zone. The world is out of its comfort zone.” (Dr. L. Kwape; 2020)
Botswana has a history of social activism going back several years. In fact, civic society organizations and NGOs are more, or less, as old as the Republic itself; with many traditional such organizations predating the coming of freedom and self-determination. However, the sustainability of such organizations has been a key and topical issue for just as many years. In recent years a significant number of high impact community serving NGOs have regrettably closed down due to varying reasons; but chief among them, lack of funding, poor management, and institutional fatigue. Indeed, it is worth emphasizing that the life span and suitability of NGOs in Botswana has always been a fragile, and very often, contentious issue in Botswana public space before the bewildering arrival of the dreadful COVID-19 pandemic. ....

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New BIMCO Force Majeure Clause Ready For Review | Hellenic Shipping News Worldwide

New BIMCO Force Majeure Clause Ready For Review
A first draft of the BIMCO Force Majeure Clause will be presented for review at the BIMCO Documentary Committee meeting 25-26 January 2021.
BIMCO’s new Force Majeure Clause is advancing and will provide a high threshold for invoking it in order to avoid abuse. The party seeking to rely on the clause must have been prevented from performing an obligation under the contract and will have to prove that:
the force majeure event was beyond its control;
it could not have foreseen the force majeure event at the time of the contract; and ....

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