Force Majeure is a French phrase commonly used in commercial contracts to describe exceptional circumstances or events affecting the contract, parties obligations and that are completely outside the parties’ control. Such events may include, acts of God, war, strike, epidemic, riot etc. Black’s Law Dictionary describes force majeure as ‘ An event or effect that…
The ICC has published its 2018 dispute resolution statistics. Out of 842 new arbitration cases registered in 2018 224 involved disputes from the construction and engineering industry. This is a new record for the industry. Turkey remains the most represented nationality within Central and Eastern Europe with 62 parties. Another interesting development is that in…
Our article on International Construction Arbitration published by Lawyer Monthly Magazine Please review the full article here: Lawyer Monthly Article