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1 Bankruptcy Court Clarifies Lessee's Force-Majeure Rights in ...
https://www.mosessinger.com/publications/bankruptcy-court-clarifies-lessees-force-majeure-rights-in-cec-case
The latest CEC decision makes clear that a debtor's post-petition commercial rent must be paid under bankruptcy law according to the contractual ...
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2 Force Majeure Clauses, Bankruptcy, and Covid-19 - JD Supra
https://www.jdsupra.com/legalnews/force-majeure-clauses-bankruptcy-and-66561/
COVID-19 has forced many businesses to temporarily close and absorb unforeseen significant profit losses based on governmental executive ...
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3 Termination for Bankruptcy or Force Majeure Sample Clauses
https://www.lawinsider.com/clause/termination-for-bankruptcy-or-force-majeure
Termination for Bankruptcy or Force Majeure. Either Party may immediately terminate the Agreement, by registered letter with return receipt requested in case (i) ...
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4 Bankruptcy Courts Use Force Majeure Clauses in Commercial ...
https://www.wolfsonbolton.com/news-updates/2021/april/bankruptcy-courts-use-force-majeure-clauses-in-c/
In cases as recent as January 27, 2021, bankruptcy courts have held that a force majeure clause in a lease agreement allowed for full or ...
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5 Force Majeure Clause May Excuse Debtor's Payment of ...
https://www.bakerdonelson.com/force-majeure-clause-may-excuse-debtors-payment-of-postpetition-rent-in-bankruptcy
Initially, lessors should be aware that bankruptcy courts may interpret force majeure clauses in commercial leases in a way that excuses a ...
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6 Leases, Bankruptcy, and Coronavirus: Force Majeure Edition
https://www.wardandsmith.com/articles/leases-bankruptcy-and-coronavirus-force-majeure-edition
When their lessor asked to court to require them to pay all past-due rent and make future payments timely, they argued the force majeure clause ...
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7 March 2021: Bankruptcy & Restructuring Litigation
https://www.quinnemanuel.com/the-firm/publications/march-2021-bankruptcy-restructuring-litigation/
Enter force majeure—which provides debtors a basis to argue that as a contractual matter performance is excused and a rent abatement is required ...
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8 Force Majeure and COVID-19 - HMB Legal Counsel
https://www.hmblaw.com/news/force-majeure-and-covid-19/
Commercial Leases. Unsurprisingly, bankruptcy courts frequently encounter force majeure issues between commercial landlords and bankrupt tenants ...
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9 Force Majeure: Not Merely “Boilerplate” in Commercial Leases -
https://rappandkrock.com/force-majeure-not-merely-boilerplate-in-commercial-leases/
Although numerous lessors objected to the proposed rent abatement, the debtors were able to settle with most of them, and the Bankruptcy Court ...
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10 COVID-19, Force Majeure and 'Pause' Orders in Bankruptcy ...
https://www.pryorcashman.com/publications/covid-19-force-majeure-and-pause-orders-in-bankruptcy-cases
The piece titled "COVID-19, Force Majeure and 'Pause' Orders in Bankruptcy Cases" was published on the law.com website.
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11 Bankruptcy Court Says Force Majeure Clause Partially ...
https://www.millercanfield.com/resources-COVID-19-Force-Majeure-Partial-Rent-Payment.html
Bankruptcy Court Says Force Majeure Clause Partially Excuses Rent Payment Due To COVID-19 Executive Order. June 20, 2020.
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12 Bankruptcy Court: Force Majeure Clause Partially Excuses ...
https://www.pedersenhoupt.com/newsroom-alerts-61.html
Bankruptcy Court: Force Majeure Clause Partially Excuses Illinois Restaurant's Rent Obligations During COVID Shutdown. June 2020.
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13 Bankruptcy Court Holds COVID-19 Triggers Force Majeure ...
https://www.loeb.com/en/insights/publications/2020/06/bankruptcy-court-holds-covid19-triggers-force-majeure-clause-in-lease
That the executive order hindered the tenant's operation of its business within the leased premises was sufficient to trigger the force majeure ...
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14 Illinois Bankruptcy Court Holds That Force Majeure Clause ...
https://www.blankrome.com/publications/illinois-bankruptcy-court-holds-force-majeure-clause-excused-nonpayment-rent-resulting
Illinois Bankruptcy Court Holds That Force Majeure Clause Excused Nonpayment of Rent Resulting from Government Restrictions on Business Activity.
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15 Bankruptcy Court Holds That Stay at Home Order Triggers ...
https://www.winston.com/en/thought-leadership/stay-at-home-order-triggers-force-majeure-clause-in-restaurant-lease.html
For months, landlords and tenants impacted by the COVID-19 pandemic have wondered whether force majeure clauses in leases would excuse a ...
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16 Contract Law Meets Insolvency Law - Some Strategic ...
https://jssbarristers.ca/assets/COVID-19/Nicholson-Eadie-Contract-Law-Meets-Insolvency-Law-v2.pdf
If you do not have a contractual force majeure right, might the doctrine of frustration apply to your contract such that you could argue that the contract can ...
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17 Force Majeure Clause Triggered by Pandemic Shutdown Order
https://www.jonesday.com/en/insights/2020/08/force-majeure-clause-triggered-by-pandemic-shutdown-order-partially-relieves-chapter-11-debtor-from-timely-paying-postpe
The bankruptcy court ruled that the force majeure clause was triggered by the governor's executive order but that Hitz was not totally relieved of its ...
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18 Force Majeure and Impossibility in the Era of COVID-19, New ...
https://www.seyfarth.com/news-insights/force-majeure-and-impossibility-in-the-era-of-covid-19-new-court-decisions-and-an-emerging-bankruptcy-trend.html
Force majeure clauses and the doctrines of impossibility and/or ... Era of COVID-19, New Court Decisions and an Emerging Bankruptcy Trend.
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19 In re Hitz: Bankruptcy Case Shows Why Force Majeure should ...
https://www.nelsonmullins.com/idea_exchange/blogs/the_bankruptcy_protector/bankruptcy-rules/in-re-hitz-bankruptcy-case-shows-why-force-majeure-should-be-de-rigueur-in-the-age-of-coronavirus
In response, the restaurant argued that the force majeure provision of its lease released the restaurant from its post-petition payment ...
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20 Gap Period Claim Not Allowed Because of Force Majeure ...
https://www.abi.org/member-resources/blog/gap-period-claim-not-allowed-because-of-force-majeure-clause
By: Daniel Ishoo. St. John's Law Student. American Bankruptcy Institute Law Review Staff. Section 303 of the Bankruptcy Code allows creditors to initiate an ...
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21 Force Majeure, Commercial Leases, and COVID-19
https://osbig.com/2020/12/05/force-majeure-commercial-leases-and-covid-19/
Contracts often include force majeure clauses in the document which ... Most recently, the Bankruptcy Court for the Northern District of ...
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22 Opinion of Interest – In re CEC Entertainment Inc.: COVID ...
https://www.mayerbrown.com/en/perspectives-events/blogs/2020/12/opinion-of-interest--in-re-cec-entertainment-inc--covid-disruptions-do-not-justify-additional-rent-deferrals-beyond-initial-60day-period-expressly-permitted-by-bankruptcy-code
With respect to CEC's force majeure argument, the Bankruptcy Court found that it did not need to decide whether the COVID-19 pandemic, ...
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23 Illinois Bankruptcy Court Finds that Governmental Shutdown ...
https://www.lewisrice.com/publications/illinois-bankruptcy-court-finds-that-governmental-shutdown-order-triggered-force-majeure-clause-for-restaurant-tenant/
Many commercial real estate leases include a “force majeure” clause that covers events or circumstances beyond a party's control, ...
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24 Recent Bankruptcy Court Case the First to Provide Pandemic ...
https://www.ballardspahr.com/insights/alerts-and-articles/2020/06/recent-bankruptcy-court-case-the-first-to-provide-pandemic-related-rent-relief
The United States Bankruptcy Court for the Northern District of Illinois – Eastern Division recently held that a lease's force majeure ...
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25 Frustration of Purpose and Impossibility Doctrines in the ...
https://www.hklaw.com/es/insights/publications/2021/04/frustration-of-purpose-and-impossibility-doctrines-in-the-covid19-era
In a survey of cases in federal, state and bankruptcy courts, ... After concluding that the force majeure clauses in the leases in all three ...
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26 H&M just thought twice before triggering force majeure ...
https://www.hks.harvard.edu/sites/default/files/centers/mrcbg/files/TriponelSherman_ForceMajeureArticle_31March2020_Final_0.pdf
Moral bankruptcy during times of crisis: H&M just thought twice ... force majeure clauses with suppliers, and here's why you should too.
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27 Alert - Bankruptcy Court Grants Tenant Partial Rent Abatement ...
https://www.srz.com/images/content/1/7/v2/172609/062920-SRZ-Alert-Bankruptcy-Court-Force-Majeure.pdf
Alert. Bankruptcy Court Grants Tenant Partial Rent Abatement Under Force. Majeure Clause (COVID-19). June 29, 2020. In a decision of first impression ...
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28 The F-Word: Force Majeure - IR Global
https://www.irglobal.com/article/the-f-word-force-majeure/
In In Re: Cinemex USA Real Estate Holdings, 2021 WL 564486 (U.S. Bankruptcy Court, S.D. Fla. [Jan. 27, 2021]), the court ruled that the force ...
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29 Illinois Bankruptcy Court Rules Force Majeure Clause Partially ...
https://www.lichtmanpartners.com/blog-and-news/force-majeure
COVID-19, Chapter 11 Bankruptcy and Force Majeure Clauses in Leases. As restaurants saw their revenues plummet and the usual monthly bills, ...
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30 Chicago Bankruptcy Court holds rent may be reduced during ...
https://www.thompsoncoburn.com/insights/blogs/credit-report/post/2020-06-26/chicago-bankruptcy-court-holds-rent-may-be-reduced-during-chapter-11-proceedings-due-to-covid-19-shutdown-orders
... debtor's obligation to pay rent during its bankruptcy case may be temporarily reduced because of a force majeure clause in the lease and ...
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31 Bankruptcy Court Apportions Rent Under Force Majeure Clause
https://www.gfrlaw.com/what-we-do/insights/bankruptcy-court-apportions-rent-under-force-majeure-clause
Bankruptcy Court Apportions Rent Under Force Majeure Clause. Section 365 (d)(3) of the Bankruptcy Code requires that a Chapter 11 debtor pay ...
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32 India: Force Majeure And Insolvency - Mondaq
https://www.mondaq.com/india/litigation-contracts-and-force-majeure/1088572/force-majeure-and-insolvency
India: Force Majeure And Insolvency ... approved resolution plans under the Insolvency and Bankruptcy Code, 2016 ("Code") was also impaired.
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33 Force Majeure and COVID-19: Boilerplate No More
https://www.emerge.law/post/force-majeure-and-covid-19-boilerplate-no-more
There have been two types of cases involving force majeure principles that have already been decided by bankruptcy courts related to COVID-19: (1) impossibility ...
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34 New York Law Journal: Bankruptcy Court Guidance on Force ...
https://www.omm.com/resources/alerts-and-publications/publications/bankruptcy-court-guidance-force-majeure-clauses/
... “existing guidance from bankruptcy courts addressing force majeure clauses, including a number of cases from the last financial crisis.”
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35 Court Concludes Force Majeure Clause In Lease Excused 75 ...
https://www.crowell.com/files/202011-Court-Concludes-Force-Majeure-Clause-In-Lease-Excused-75-Of-Tenants-Rent-Obligation-Based-On-Tenants-Permitted-Reduced-Use-During-COVID-19-Shutdown.pdf
POSTMASTER: Send address changes to Pratt's Journal of Bankruptcy Law, LexisNexis Matthew. Bender, 230 Park Ave. 7th Floor, New York NY 10169. iv. Page 6. Court ...
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36 Court Holds COVID-19 Executive Order Triggers Lease's ...
https://www.pillsburylaw.com/en/news-and-insights/covid-19-executive-order-triggers-leases-force-majeure-clause.html
Court Holds COVID-19 Executive Order Triggers Lease's Force Majeure Clause, Excusing Some Rent Obligations. Illinois Governor's Executive Order ...
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37 Illinois Bankruptcy Court Grants Force Majeure Relief to ...
https://www.americanbar.org/groups/litigation/committees/real-estate-condemnation-trust/practice/2020/illinois-bankruptcy-court-force-majeure-restaurant/
Illinois Bankruptcy Court Grants Force Majeure Relief to Restaurant. The court made a preliminary finding that the restaurant must pay only ...
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38 Force Majeure and Business-Interruption Insurance
https://www.pszjlaw.com/newsroom-events-Force-Majeure-Business-Interruption-Insurance.html
Shirley Cho will be part of an American Bankruptcy Institute panel on force majeure and business interruption in the time of COVID-19.
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39 Force Majeure, MAC Clauses & COVID-19: A Court Speaks to ...
https://www.dailydac.com/force-majeure-clauses-lease-agreement/
Force majeure clause in lease agreement In Re Hitz Restaurant Group ... 2020), and the presiding judge is Bankruptcy Judge Donald Cassling.
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40 Hitz.pdf - U.S. Bankruptcy Court - Northern District of Illinois
https://www.ilnb.uscourts.gov/sites/default/files/opinions/Hitz.pdf
Bankruptcy Caption: In re Hitz Restaurant Group. Bankruptcy No. 20 B 05012 ... The Court will first address Debtor's force majeure argument.
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41 Commercial Tenant Cannot Rely on Force Majeure Clause to ...
https://www.robinsappleby.com/resources/publications/details/commercial-tenant-cannot-rely-on-force-majeure-clause-to-excuse-non-payment-of-rent-during-pandemic
50.4(1) of the Bankruptcy and Insolvency Act, on January 3, 2020. On the same day, the landlord delivered a Notice of Impending Termination to ...
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42 Business Bankruptcy Institute: Business Disruption in the Age ...
https://www.msba.org/product/business-bankruptcy-university/
Learn what happens to business claims such as business interruption insurance claims and force majeure contract claims when a bankruptcy case is filed. These ...
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43 Recent Case Law and the Newly Enacted Amendments to the ...
https://www.bradley.com/insights/publications/2021/01/recent-case-law-amendments-to-bankruptcy-code-may-enable-commercial-clients-to-get-rent-relief
a force majeure clause in a tenant's lease,; temporary suspension of a bankruptcy case, or; equitable rent relief.
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44 Co-Presenter, “Hell or High Water: Force Majeure in Texas ...
https://www.mcginnislaw.com/publication-10095
Co-Presenter, “Hell or High Water: Force Majeure in Texas and in Bankruptcy,”. View More. News · Publications. CLE Webinar presented by the Bankruptcy Law ...
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45 Can 'Force Majeure' Protect A Commercial Enterprise During ...
https://chainstoreage.com/can-force-majeure-protect-commercial-enterprise-during-covid
The restaurant filed for bankruptcy in February 2020, and the landlord immediately sought an order compelling the tenant to pay its rent for ...
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46 Protecting IP Licenses and Jointly Owned IP in the Age of ...
https://academic.oup.com/grurint/article/70/5/463/6294442
... of COVID-19: Insolvency and Force Majeure Events under Japanese Law ... force majeure clause in a license agreement under Japanese law.
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47 Coronavirus (COVID-19) - Morris, Manning & Martin LLP
https://www.mmmlaw.com/practice-areas/coronavirus-covid-19/
Commercial Leasing in 2020 and Beyond; Construction Contracts & Considerations; Contracts & Force Majeure Clauses; Creditors' Rights & Bankruptcy Issues ...
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48 Illinois Bankruptcy Court Takes First Swing at Applying Force ...
https://www.cohengresser.com/app/uploads/2020/06/Illinois-Bankruptcy-Court-Takes-First-Swing-at-Applying-Force-Majeure-to.._.pdf
Illinois Bankruptcy Court Takes First Swing at Applying. Force Majeure to Nonperformance Due to COVID-19. Daniel H Tabak; Lauren J Salamon.
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49 How Force Majeure Was Successfully Used by a Tenant in Court
https://www.globest.com/2020/11/19/how-force-majeure-was-successfully-used-by-a-tenant-in-court/
The CEC Entertainment case shows that bankruptcy courts may be willing to grant debtors extraordinary relief in light of the ongoing pandemic, ...
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50 Ballard Spahr: Recent Bankruptcy Court Case the ... - Westlaw
https://content.next.westlaw.com/practical-law/document/Ia2386f69b63911eabea4f0dc9fb69570/Ballard-Spahr-Recent-Bankruptcy-Court-Case-the-First-to-Provide-Pandemic-Related-Rent-Relief-to-a-Tenant-Under-a-Force-Majeure-Clause?viewType=FullText&transitionType=Default&contextData=(sc.Default)
... under a force majeure clause as a result of the COVID-19 pandemic. ... Ballard Spahr: Recent Bankruptcy Court Case the First to Provide ...
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51 Dining Out, Covid-19 and Lease Payments: A Bankruptcy ...
https://www.cullenllp.com/blog/dining-out-covid-19-and-lease-payments-a-bankruptcy-judge-interprets-force-majeure/
Dining Out, Covid-19 and Lease Payments: A Bankruptcy Judge Interprets Force Majeure. June 8, 2020. A memorandum opinion issued in Illinois provides an ...
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52 Impact of Covid-19 on Debtor's Obligations to Comply with ...
https://scholarship.law.stjohns.edu/cgi/viewcontent.cgi?article=1008&context=bankruptcy_research_library
III discusses the common law remedies that can be argued along with a force majeure clause. Discussion. I. Bankruptcy Code Requires Debtor to Fulfill ...
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53 Force Majeure and COVID-19: Illinois Bankruptcy Court Rules ...
https://www.duanemorris.com/alerts/force_majeure_covid19_illinois_bankruptcy_court_rules_force_majeure_provision_partially_0620.html
The landlord argued that the force majeure clause did not apply at all for three primary reasons. The Bankruptcy Court rejected each of the ...
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54 Force majeure | Practical Law - Thomson Reuters
https://uk.practicallaw.thomsonreuters.com/3-107-5776?transitionType=Default&contextData=(sc.Default)
A force majeure clause typically excuses one or both parties from performance of the contract in some way following the occurrence of such events. Its ...
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55 force majeure | Wex | US Law | LII / Legal Information Institute
https://www.law.cornell.edu/wex/force_majeure
Force majeure is a provision in a contract that frees both parties from obligation if an extraordinary event directly prevents one or both parties from ...
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56 In re CEC Entm't, Inc., 625 B.R. 344 | Casetext Search + Citator
https://casetext.com/case/in-re-cec-entmt-inc
Finally, if neither the Bankruptcy Code nor the force majeure clauses permit rent abatement, CEC argues that the doctrine of frustration of ...
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57 An Update on the Enforceability of Force Majeure Clauses in ...
https://parsonsbehle.com/insights/An-Update-on-the-Enforceability-of-Force-Majeure-Clauses-in-the-COVID-19%20Era
an Illinois Bankruptcy court interpreted a force majeure clause in a lease to partially excuse performance, reducing a restaurant owner's ...
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58 Force Majeure Contract Clauses and COVID-19 - LJE Law Firm
https://ljelawfirm.com/force-majeure-contract-clauses/
A “force majeure” is a contract clause that excuses the performance required of ... Force Majeure Clauses in the Federal Bankruptcy Context.
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59 Invocation of force majeure in insolvencies
https://law.asia/invocation-force-majeure-insolvencies/
› invocation-force-majeure-insolvencies
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60 Force Majeure Contract Provisions (Contrasting Court Opinions)
https://mediatbankry.com/2020/09/24/force-majeure-contract-provisions-contrasting-court-opinions/
Force majeure provisions, while commonly included in business contracts ... After Debtor files bankruptcy, Landlord asks the Court to “order ...
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61 Commercial Properties: Leases, COVID-19 And Force Majeure
https://suffolklaw.com/commercial-properties-leases-covid-19-and-force-majeure-hamptons-com/
In that case, an Illinois eatery, Hitz Restaurant Group, the bankrupt tenant evoked the force majeure clause as an excuse not to pay rent, ...
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62 Courts in Ontario start to consider force majeure clauses
https://gowlingwlg.com/en/insights-resources/articles/2020/courts-in-ontario-start-to-consider-force-majeure/
In the recent case of Durham Sports Barn Inc. Bankruptcy Proposal, the Ontario Superior Court of Justice ruled in favour of the landlord, ...
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63 THE FORCE MAJEURE CLAUSE AND COVID IN NORTH ...
https://kevinjwilliamslaw.com/the-force-majeure-clause-and-covid-in-north-carolina-commercial-leases/
A force majeure clause is a clause which allocates the risk of loss if performance is hindered, delayed or prevented because of an event such as ...
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64 Midwest Update – In re Hitz Restaurant Group - ACIC
https://www.aciclaw.org/news/midwest-update-in-re-hitz-restaurant-group/
In a bankruptcy proceeding relating to the interpretation of a force majeure clause in a restaurant lease (the “Lease”) in the Covid 19 ...
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65 Moral bankruptcy during times of crisis: H&M just thought twice ...
https://www.business-humanrights.org/de/blog/moral-bankruptcy-during-times-of-crisis-hm-just-thought-twice-before-triggering-force-majeure-clauses-with-suppliers-and-heres-why-you-should-too/
Some companies are asking their lawyers to trigger force majeure clauses in their contracts, to avoid paying suppliers for orders they have already produced.
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66 Force majeure and Insolvency - ZBA
https://zba.co.in/knowhow/force-majeure-and-insolvency/
Force majeure and Insolvency ... of approved resolution plans under the Insolvency and Bankruptcy Code, 2016 (“Code”) was also impaired.
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67 Have Force Majeure Defenses Based on COVID-19 Been ...
https://www.hirschlerlaw.com/construction-law-blog/have-force-majeure-defenses-based-on-covid
In the context of a restaurant-tenant, an Illinois bankruptcy court held that the Pandemic clearly constituted a force majeure event and ...
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68 Force Majeure Clause - Explained - The Business Professor
https://thebusinessprofessor.com/122296-law-transactions-amp-risk-management-commercial-law-contract-payments-security-interests-amp-bankruptcy/force-majeure-clause-explained
What is a Force Majeure Clause? ... Payments, Security Interests, & Bankruptcy ... Force majeure has been taken from French language, ...
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69 The F-Word: Force Majeure - Einbinder & Dunn LLP
https://www.ed-lawfirm.com/business-blog/the-f-word-force-majeure/
The application of a force majeure clause in a lease must be analyzed ... In In re: Hitz Restaurant Group, 2020 WL 2924523 (U.S. Bankruptcy ...
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70 2022 ME 28 55 Oak Street - Maine Judicial Branch
https://www.courts.maine.gov/courts/sjc/lawcourt/2022/22me028.pdf
least partially excused by the force majeure clause in the parties' lease. ... bankruptcy court's decision in In re Hitz Restaurant Group, ...
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71 5 Things You Need to Know About the Recent Illinois Ruling ...
https://www.gouldratner.com/publication/5-things-you-need-to-know-about-the-recent-illinois-ruling-on-force-majeure-and-covid-19
The force majeure provision was not as strong as it could have been ... that a state court judge will dismiss the bankruptcy court ruling as ...
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72 COVID-19 And Force Majeure: Lessons From Early Cases
https://www.law360.com/articles/1269366/covid-19-and-force-majeure-lessons-from-early-cases
Sign up for our Bankruptcy newsletter ... Although the agreement contains a force majeure provision which delays closing in the event of 18 separate ...
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73 The Pandemic, Force Majeure Clauses, and the Impossibility ...
https://www.muchlaw.com/insights/the-pandemic-force-majeure-clauses-and-the-impossibility-doctrine-what-your-business-needs-to-know/
A force majeure clause is a contractual provision that excuses one or ... In one federal bankruptcy case, In re CEC Entertainment, Inc., ...
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74 Covid-19: Insolvency across the three jurisdictions of England ...
https://www.penningtonslaw.com/news-publications/latest-news/2020/covid19-insolvency-across-the-three-jurisdictions-of-england-and-wales-hong-kong-and-singapore
Check your contract for a termination clause or a force majeure clause, which usually excuses a party from performing their contractual ...
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75 Force Majeure Clauses and Common Law Defenses in ...
https://www.gtlaw.com/-/media/files/insights/published-articles/2022/02/force-majeure-clauses-and-common-law-defenses-in-commercial-real-estate-transactions-il.pdf
to the creditor even after application of the force majeure clause. In re Hitz, 616 B.R. at 379–80. The bankruptcy court allowed for a rent reduction even.
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76 COVID-19 Related Governmental Shut Down Order Triggers ...
https://www.lawjournalnewsletters.com/2020/09/01/covid-19-related-governmental-shut-down-order-triggers-force-majeure-provision-in-restaurant-leases/
... leases and the force majeure clauses contained in such leases vary widely a recent decision from the United States Bankruptcy Court for ...
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77 Force Majeure Clauses and COVID-19
https://www.financeandbankruptcylawblog.com/force-majeure-clauses.html
Force majeure clauses are commonplace in various contracts, including supply contracts, ... even to the extent of insolvency or bankruptcy.
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78 Take-Out Food and the First COVID-19 Force Majeure Opinion
https://www.ldmlaw.com/2020/06/take-out-food-and-the-first-covid-19-force-majeure-opinion/
An Illinois bankruptcy court was the first court in the country to issue an opinion on how a force majeure clause in a commercial lease ...
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79 News & Knowledge - Lowndes | Article Detail
https://lowndes-law.com/article-detail/post_detail/new-decisions-shows-importance-strongly-drafted-force-majeure-provisions-lowndes-leasing-lawyers
While a force majeure provision typically does not apply to tenant's monetary obligations, a recent decision by the United States Bankruptcy ...
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80 Hanjin and Force Majeure - Jaguar Freight
https://jaguarfreight.com/hanjin-force-majeure/
Hanjin's Bankruptcy. The typical carrier bill of lading contains a clause stating even if the carrier declared force majeure, the carrier is ...
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81 Rent deferrals in bankruptcy during the COVID-19 pandemic
https://www.dlapiper.com/en/us/insights/publications/2021/05/restructuring-global-insight/rent-deferrals-in-bankruptcy-during-the-covid-19-pandemic/
Section 365(d)(3) of the Bankruptcy Code generally requires that debtors remain ... The court also rejected the debtors' force majeure and ...
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82 Business Blog: Is the Coronavirus a "Force Majeure" Event?
https://www.brouse.com/business-blog-is-the-coronavirus-a-force-majeure-event
Force majeure clauses are common contractual provisions excusing performance in the event of an act of God (e. g. flood, fire, tornado, ...
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83 Many companies are in default due to force majeure clauses
https://www.business-standard.com/article/companies/many-companies-are-in-default-due-to-force-majeure-clauses-ibbi-chief-120091001485_1.html
Finance Minister Nirmala Sitharaman had, in light of the Covid-19 pandemic, suspended initiation of corporate insolvency resolution processes ...
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84 Bankruptcy Archives - Legal Bytes
https://legalbytes.com/category/bankruptcy/
laws, governmental action or inaction, orders of government…. Lack of money shall not be grounds for Force Majeure.” (emphasis is mine). The Bankruptcy Court ...
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85 May Restaurants Rely on Force Majeure Clause to Abate Rent ...
https://www.venable.com/insights/publications/2020/06/may-restaurants-rely-on-force-majeure-clause
The Wall Street Journal reported yesterday on a recent Illinois bankruptcy court ruling that a Chicago restaurant could use the force ...
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86 COVID-19 Construction Alert: Force Majeure and Notice ...
https://www.greenbaumlaw.com/insights-alerts-Force-Majeure-and-Notice-Provisions-in-Construction-Contracts-Take-Center-Stage-in-the-Age-of-COVID-19.html
Before the advent of COVID-19, nobody paid much attention to force majeure clauses in construction contracts. These clauses were often ...
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87 Force Majeure & Reducing Rent In Response To COVID-19
https://blog.goosmannlaw.com/banking-lawyer-on-you-side/force-majeure-reducing-rent-in-response-to-covid-19
Rental issues surrounding the fallout of COVID-19 continue to pile up. Last month, I wrote about the deferred rental payments in recent retail bankruptcies.
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88 Batavia Says "Force Majeure" Led to Bankruptcy
https://en.tempo.co/read/458220/batavia-says-force-majeure-led-to-bankruptcy
A court declared Metro Batavia bankrupt on Wednesday, after the Batavia Air operator defaulted on its financial obligations.
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89 COVID-19: Force Majeure | Holland & Hart LLP
https://www.hollandhart.com/covid-19-force-majeure
Force majeure clauses typically provide that where no party is at fault – i.e. where the event or condition is beyond a party's control ...
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90 Force Majeure: Has Your Company Reached the Breaking ...
https://www.ascm.org/ascm-insights/force-majeure-has-your-company-reached-the-breaking-point/
A force majeure clause is a “get out of jail free card” in a contract. ... but you could declare bankruptcy if you need to protect from a ...
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91 Civil Litigation: Force Majeure and COVID-19
https://www.yorkbar.com/resource/resmgr/bench_bar_2020/icymi/tomevi_handout.pdf
litigation related to COVID-19 and force majeure will likely turn ... Hitz Pizza & Sports Bar (IL) – The US Bankruptcy Court for the Northern District of ...
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92 COVID-19 as a Trigger for Force Majeure: A Global Survey
https://www.lawcatalog.com/covid-19forcemajeureglobalsurvey.html
Succinct key questions and answers to issue of impact of pandemic on contractual obligations under force majeure across US and global ...
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93 Court Rules Force Majeure Clause Reduces Tenant's Rent by ...
https://www.paulhastings.com/insights/client-alerts/court-rules-force-majeure-clause-reduces-tenants-rent-by-75-due-to-covid-19
Shortly after Hitz's bankruptcy filing, Illinois Governor JB Pritzker issued a series of executive orders that substantially limited business ...
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94 A Force Majeure Decision during the COVID-19 Pandemic
https://www.greenbuildinglawupdate.com/2020/07/articles/environmental/a-force-majeure-decision-during-the-covid-19-pandemic/
In a motion in a Bankruptcy case the landlord demanded payment of post petition rent from the Hitz Restaurant Group or that the Chicago ...
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95 COVID-19 and the Hidden Consequences of 'Force Majeure'
https://www.middleclassartist.com/post/covid-19-and-the-hidden-consequences-of-force-majeure
2021 will see more than a few European opera stars and elite concert soloists declare bankruptcy. Many household classical music names will ...
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