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In contract law, force majeure [1] [2] [3] ( French: [fɔʁs maʒœʁ]; lit. 'major force') is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, epidemic, or sudden legal change prevents one o...
¿Qué es la fuerza mayor y cómo afecta a los contratos? Conoce el concepto, los elementos, los tipos y los efectos de esta excepción al principio pacta sunt servanda en el derecho internacional comercial.
21 de dic. de 2023 · Force majeure is a clause that removes liability for unforeseeable and unavoidable catastrophes that prevent contractual obligations. Learn how force majeure works, what events qualify, and how it conflicts with the principle of pacta sunt servanda.
FUERZA MAYOR (FORCE MAJEURE) A) EN CONTRATO. Cuando el contrato prevé una cláusula de aplicación de fuerza mayor o caso fortuito debe aplicarse la misma y las partes deben acogerse a lo indicado por la misma.
The concept of force majeure is enshrined in article 1105 of the Spanish Civil Code, which states that: “Apart from the cases expressly mentioned in law, and those in which the obligation is so declared, no one shall be responsible for those events that could not have been foreseen, or that, if they were foreseen, were unavoidable“.
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 underlying principle is that on the occurrence of certain events which are outside a party's control, that party is excused from, or entitled to suspend performance of all or part of its obligations.
17 de mar. de 2020 · Are you looking for information on the law and regulation of force majeure in Spain? In this CMS Expert Guide, we tell you everything about it.
