By Laura Luo, Matthew Dickerson, Daniel He and Nicole Chin，King and wood Mallesons
A force majeure clause is a contractual risk allocation mechanism that essentially provides that if a contract party is prevented from performing its contractual obligations due to the occurrence of certain events beyond its control (known as force majeure events), then the nonperforming party is excused from its contractual obligations without being deemed to have breached the contract. Continue Reading Coronavirus and Force Majeure Clause under New York Law – February 2020
