Early on in the COVID-19 pandemic, many businesses began to scrutinize force majeure clauses in their commercial contracts and leases. Such contractual clauses, when engaged, either permanently or temporarily relieve the affected partyies from the performance of some or all contractual obligations, and from the consequences of a failure to perform those obligations, where performance is rendered effectively impossible by unforeseen, extraordinary events or circumstances beyond the control of the affected parties. The significant commercial impact brought on by the COVID-19 pandemic and resultant government shutdowns and restrictions appeared ripe to trigger these clauses and spawn significant litigation.
Vicinity Motor Corp Secures CAD$3 0 Million Order for Six Vicinity Lightning Electric Buses for Use at Billy Bishop Toronto City Airport
pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
Vicinity Motor Corp wins C$3M order for 6 Vicinity Lightning electric buses for Billy Bishop Toronto City Airport
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.