The U.S. Department of the Interior has long wrestled with how to manage the risk associated with the costly decommissioning of offshore oil wells in federal waters. In recent years, the Department has released, revised, and...more
As the COVID-19 crisis and its economic fallout intensify, contractual parties have increasingly invoked force majeure provisions to excuse performance of contracts. This article is a follow up to Schiffer Hicks Johnson’s...more
4/10/2020
/ Affirmative Defenses ,
Breach of Contract ,
China ,
Contract Negotiations ,
Coronavirus/COVID-19 ,
Crude Oil ,
Downstream Agreements ,
Force Majeure Clause ,
Imports ,
Impossibility ,
India ,
Liquid Natural Gas ,
Nonperformance ,
Oil & Gas ,
Physical Impossibility Rule ,
Refineries ,
State of Emergency ,
Storage Tanks ,
Supply and Demand ,
Supply Contracts