The Ins and "Outs" of Contractual Performance in Today's Economy

May 19, 2009

A complimentary presentation and webinar on litigation strategies that parties may attempt to use to avoid long-term contractual obligations.

Topics Discussed
As the global financial crisis continues to unfold, what litigation tactics will be used to avoid long-term contractual obligations? The distinguished panel discussed the increased use of force majeure claims, “material adverse effects” clauses, "changed circumstances“ and "demands for adequate assurances” in high profile litigation and international arbitration cases. How will typical and standard contract clauses dealing with such issues in existing contracts fare under attack? How can lawyers draft more effective clauses going forward?