S1E5 - Force Majeure and Contract Non-performance - Jason Chang (DLA Piper)
Manage episode 437235435 series 3081854
We talk with Jason Chang, Of Counsel at DLA Piper, on what international companies should know about force majeure in the current situation.
3:00 - What is force majeure?
5:28 - Are force majeure clauses always in contracts and what’s standard?
8:48 - What if the contract is silent on this issue and how does governing law matter?
11:26 - Force majeure often doesn’t totally excuse the party to perform the contract
14.16 - Chinese trade association issuing force majeure certificates now, what value do these have?
17:50 - How should foreign companies be preparing now for Chinese companies potentially using a force majeure clause in their contracts?
Bonus questions:
23:55 - A lot of parents in China, expats, etc., sending their kids to private schools in China which can’t open. What can they do?
31:18 - What kind of personality do you need to have to handle sticky issues like force majeure cases and compliance issues generally as a lawyer?
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