Barring this kind of force majeure, investors expect management teams to be on top of spending.
One is to do nothing and wait until force majeure does the job by busting several companies.
Still too early for a release date, the film is being produced by Landscape Entertainment and Force Majeure.
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Bond holders would have taken a severe haircut no matter what, but Mr. Obama's force majeure subordinated their rights to the UAW's.
The work stoppage was extended again to Nov.15 and on Wednesday Freeport declared force majeure on shipments of concentrates according to news reports.
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Absent precise language in a contract spelling out contingencies, courts use such doctrines as force majeure to decide whether the contract is still valid.
At least six major global coal miners have declared force majeure, which means they can miss contractual shipments because of circumstances out of their control.
Even some regulators within the Administration oppose the EPA's force majeure, fearing blackouts and other reliability issues as plants are retired despite many remaining useful years.
Mines responsible for between 100 and 140 million tons of annual coking coal production are now under force majeure, representing as much as 40% of global supply.
How important an architect he was, and how much of a force majeure in the art of his time, will be subject to revision by later generations.
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In fact, it stepped in and, by force majeure, inserted itself as senior to other bondholders holding the exact same Greek bonds, thus avoiding any losses in its own portfolio.
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Rio Tinto, BHP Billiton, Xstrata, Peabody Energy and Anglo American have all declared force majeure, a legal clause that allows them to miss supply contracts due to extraordinary circumstances.
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Despite intense floods in Australia, causing the company to declare a force majeure, or emergency measure allowing it to miss contracted deliveries due to circumstances beyond their control, the company saw increased revenues in all geographic regions.
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It appears to be impossible to foresee all the twists and turns that force majeure or the acts of God may take, and they invariably turn out the disadvantage of the party to the contract whose function is to pay the money.
Shortly prior to its ceasefire announcement MEND had carried out its boldest attack against Nigeria's oil installations since it launched its campaign of violence in late 2005, when an attack on Shell's Bongo facility, 120km out to sea, forced the Anglo-Dutch major temporarily to halt production equivalent to about 10% of Nigeria's output, and to declare force majeure.
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