FORCE MAJEURE CLAUSULES DUE TO COVID-19 IN BANK CREDIT AGREEMENTS
Loan agreements usually contain clauses related to the rights and obligations betwen the debtor and creditor, but sometimes a force majeure clause is included if there is a situation beyond the will of the parties, such as natural disasters or war. The force majeure clause stipulated in Article 1244...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Sekolah Tinggi Ilmu Hukum IBLAM
2021-01-01
|
Series: | IBLAM Law Review |
Subjects: | |
Online Access: | https://ejurnal.iblam.ac.id/IRL/index.php/ILR/article/view/8 |