Discover and read the best of Twitter Threads about #NAREDCO

Most recents (1)

1/25

Covid-19 has created a proverbial 'perfect storm'. While we are fighting an unprecedented medical crisis, the after-effects of this pandemic will have far-reaching implications.

A #thread on a commonly heard legal term - #ForceMajeure and its' business ramifications
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2/25

First, here is why I think this topic is relevant. Google trends for the search term “Force Majeure” shows an exponential rise, the highest in last 16 years. A comparison with the search term “recession” shows little to no correlation with 2008-09 crisis.

Let’s see why.
3/25

Have divided the thread in three parts:
a) Concept & genesis (4-6) – One may skip to b) if aware/ not keen
b) Facts & current developments across industries (7-17)
c) Inference & future implications (18-25)

Note: Not an expert on legal matters and sharing basis my reading
Read 28 tweets

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