March 13, 2017 10:56 AM
Editorial content from Der AUDITOR
Laws & Regulations

Force majeure: The problem of legal definition in German law

Sharp increases in price are a risk, absolute nuisance and very painful for many companies in the food industry. The problem is that although sudden increases in price may be very common in trading with commodities, force majeure cases frequently drive the parties involved to despair.

 This report contains:

  • an explanation of "force majeure" written by a legal advisor
  • legal tips for formulating contracts

 

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