I had been talking about force majeure awhile back, and apparently it was interesting enough to catch the attention of one of my colleagues. Phil is a hard-charging product manager who works in the telecommunications space and he just sent me an email that was talking about another story where a vendor had to declare force majeure…
Jim,Shortly after we talked about force majeure I saw an article that said that Royal Dutch Shell has just announced that they won’t be able to meet a big piece of their Nigerian oil-export obligations for their customer for the next two months because of militant attacks on their facilities. The force majeure legally protects Shell from not meeting contractual obligations because of factors outside of its control. So much for gas prices going down anytime soon!
PhilSenior Product Manager
When I was talking with Phil, I had spent some time making sure …
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