What is force majeure and how does it apply in Europe?
Force majeure refers to unforeseen events that prevent parties from fulfilling their contractual obligations. In Europe, it typically includes natural disasters, wars, and pandemics.
Can you give me examples of force majeure events?
Sure! Examples include earthquakes, floods, terrorist attacks, and government actions like lockdowns during a pandemic.
How do I invoke force majeure in a contract?
To invoke force majeure, you usually need to provide written notice to the other party, detailing the event and its impact on your ability to perform.
Are there any specific laws in Europe regarding force majeure?
Yes, different countries have specific laws and regulations regarding force majeure. The UNIDROIT Principles and the European Contract Law also provide guidance.
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