Readings 2/10

• Toyomenka Pacific Petroleum, Inc. v. Hess Oil Virgin Islands Corp., 771 F.Supp. 63 (S.D.N.Y. 1991) Links to an external site..
• Travis S. Hunter and Renée Mosley Delcollo, Is the Force Majeure With You?, July 6, 2020 Links to an external site..

 

Goals: Consider the role of force majeure in allocating responsibility in contracts.  

Topics:

1. Understanding the contractual ecology of project finance
2. Allocating risks
3. Negotiating and drafting force majeure clauses
4. How would you clarify the allocation of responsibility in light of the Toyomenka court’s decision?