Law360 recently published an article, Gas Contract Fight Holds Lessons On Force Majeure Clauses, authored by Spencer Fane attorneys Amy Mitchell, Sadaf Deedar, and Kaleb Brooks.
The piece expands a firm blog post and explores the implications of the dispute, Mieco LLC v. Pioneer Natural Resources USA Inc. The issue at hand, force majeure clauses that aim to protect organizations from contractual liability during major unforeseen circumstances such as climate events, has particular significance to the energy sector.
“Industry participants watching this case should pay close attention to issues including the increased need to address specific risks, detailing due diligence history, and clearly defining certain terms used in agreements to help avoid litigation,” the team explains.
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