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Force Majuere! Its here! Very high level info

 
Oxi moran
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03/05/2020 09:28 AM

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Force Majuere! Its here! Very high level info
Folks get familiar with this term. You will be hearing alot about this term!!!! It is not good.

Spoke to a high level auto exec las night. They supply magnetic parts from China to major auto manufacturers. Supply is running out. He used the word Force Majeure!
cfbuck13

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03/05/2020 09:40 AM
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Re: Force Majuere! Its here! Very high level info
So OP, just to be clear, you’re saying that a supplier of parts to the US auto industry can’t get those parts because they are made in China and as a result, the auto manufacturers will invoke force majuer clause to break the contract? If so, wouldn’t said supplier and/or auto manufacturer have to seek another markets to procure the parts in question? Sounds like there were no business continuity plans in place.
Anonymous Coward
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03/05/2020 09:42 AM
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Re: Force Majuere! Its here! Very high level info
Yep. Very correct. The beer flu is the perfect force majuere.
Copious_Sedition

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03/05/2020 09:51 AM

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Re: Force Majuere! Its here! Very high level info
OP has an accurate assessment and this is happening right now.

If companies have revenue tied to long term contracts, these will be broken and a lot of mix up happening to reset supply chains.
Oxi moran  (OP)

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03/05/2020 09:52 AM

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Re: Force Majuere! Its here! Very high level info
So OP, just to be clear, you’re saying that a supplier of parts to the US auto industry can’t get those parts because they are made in China and as a result, the auto manufacturers will invoke force majuer clause to break the contract? If so, wouldn’t said supplier and/or auto manufacturer have to seek another markets to procure the parts in question? Sounds like there were no business continuity plans in place.
 Quoting: cfbuck13


Never said US.

No manufacturers need these parts in their cars. All these parts are made China. Zero suppliers outside of China.
Oxi moran  (OP)

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03/05/2020 09:53 AM

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Re: Force Majuere! Its here! Very high level info
OP has an accurate assessment and this is happening right now.

If companies have revenue tied to long term contracts, these will be broken and a lot of mix up happening to reset supply chains.
 Quoting: Copious_Sedition


Suppliers declaring Force Majuere to the Manufactorers
Anonymous Coward
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03/05/2020 09:57 AM
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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


That requires proof the virus is natural occurring and not man made....the courts/lawyers will be busy.....
Anonymous Coward
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03/05/2020 09:58 AM
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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


I guess they only acknowledge God when they need someone to blame.
Billy Ringo

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03/05/2020 10:01 AM

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Re: Force Majuere! Its here! Very high level info
Interesting.

If/when India gets hit a LOT of Cloud/SaaS computer hosting operations and tech support will be suspended or halted which would cripple a lot of companies using those services.

Better hope their disaster recovery and support safeguards are in effective or the shit is really going to hit the fan.
I am Billy Ringo and I approve of this message. Paid for by belligerent derelicts for Ringo.
Anonymous Coward
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03/05/2020 10:02 AM
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Re: Force Majuere! Its here! Very high level info
health insurance companies (for those that have it) will probably use this as well, to deny paying any doctor & hospital bills.
Rosicrucian1
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03/05/2020 10:04 AM
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Re: Force Majuere! Its here! Very high level info
time to change the global supply chain so it works.. time to bring jobs home.
aether

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03/05/2020 10:04 AM

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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


Folks get familiar with this term. You will be hearing alot about this term!!!! It is not good.

Spoke to a high level auto exec las night. They supply magnetic parts from China to major auto manufacturers. Supply is running out. He used the word Force Majeure!
 Quoting: Oxi moran


clever words
divine intervention is never a default
global force maejeur is no one to blame all start again is the law

supernatural sync
 Quoting: aether


Last Edited by aether on 03/05/2020 10:05 AM
Copperegla

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03/05/2020 10:06 AM
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Re: Force Majuere! Its here! Very high level info
Rexing Quality Eggs v. Rembrandt Enters., 360 F. Supp. 3d 817, 841-42 (S.D. Ind. 2018) ("Under all of these circumstances, and absent any evidence that some legitimately unforeseeable event occurred beyond changes in market demand, the Court concludes that the Iowa Supreme Court would hold the alleged drop in demand to fall outside the scope of the force majeure clause in section O. Unlike the avian flu example, which may plausibly constitute an unforeseeable event precipitating a dramatic change in market conditions, a change in purchaser demand—even a substantial change—is a foreseeable part of doing business. See, e.g., TEC Olmos, LLC v. ConocoPhillips Co., 555 S.W.3d 176, 184-85 (Tex. Ct. App. 2018) (citing Kel Kim Corp. v. Cent. Mkts, 70 N.Y.2d 900, 519 N.E.2d 295, 296, 524 N.Y.S.2d 384 (N.Y. 1987); Langham-Hill Petrol., Inc. v. S. Fuels Co., 813 F.2d 1327, 1329-30 (4th Cir. 1987)) (holding that downturn [**57] in market was foreseeable and thus outside the scope of "catch-all" force majeure clause); Great Lakes Transmission Ltd. P'ship v. Essar Steel Minn., LLC, 871 F. Supp. 2d 843, 852-53 (D. Minn. 2012) (collecting authorities from four jurisdictions, three of which held that the 2008 financial crisis did not constitute [*842] a force majeure, and one concluding that it did under force majeure clause which "specifically included 'change to economic conditions' as an enumerated event that could excuse a default").")
Matthew 7:2 & 7:12 are a prophecy specific to you, "By the judgment that you judge, you will be judged. And by the measure that you measure, you will be measured.... Whatever you want a person to do to you, do also to them, for this is the law and the prophets."
SyncAsFunk

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03/05/2020 10:07 AM

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Re: Force Majuere! Its here! Very high level info
Full Faith and Credit™

clownbomb

Last Edited by SyncAsFunk on 03/05/2020 10:08 AM
Some Will. Some won't. So.......
LoneStarRisingModerator
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03/05/2020 10:07 AM

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Re: Force Majuere! Its here! Very high level info
health insurance companies (for those that have it) will probably use this as well, to deny paying any doctor & hospital bills.
 Quoting: Anonymous Coward 78120736


They can't use Force Majeure to avoid paying the customers doctor and hospital bills. FFS. That is the entire purpose of health insurance. However, they could file bankruptcy if a large percentage of the country ends up needing medical care.

Last Edited by LoneStarRising on 03/05/2020 10:09 AM
LoneStarRising
dodger007

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03/05/2020 10:12 AM

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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


That requires proof the virus is natural occurring and not man made....the courts/lawyers will be busy.....
 Quoting: Anonymous Coward 77699866


Courts...lawyers...
Snort. Gonna conduct trials via skype when all those govt buildings shut down? Think you can compel people to appear or prep their cases from quarantine? I think the legal system is in for a reset
China is Asshoe!
dodger007
Copperegla

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03/05/2020 10:18 AM
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Re: Force Majuere! Its here! Very high level info
Rio Props. v. Armstrong Hirsch Jackoway Tyerman & Wertheimer, 94 F. App'x 519, 521 (9th Cir. 2004) ("In fact, Stewart likely had the right to reschedule the Second Concert under the Agreement's force majeure provision unless Paragraph D(18), which specifically provided that the Millennium Concert would be canceled if Stewart's illness or incapacity rendered him incapable of performing, can be construed to apply to the Second Concert as well. In resolving this issue, the district court must admit Stewart's proffered extrinsic evidence regarding the nature and purpose of the integrated contract, its negotiation and execution, and the parties' intent in including the artist illness and force majeure provisions. Thus, we conclude that the district court abused its discretion in refusing to admit Stewart's extrinsic evidence related to the applicability of the force majeure clause and the inapplicability of Paragraph D(18).")
Matthew 7:2 & 7:12 are a prophecy specific to you, "By the judgment that you judge, you will be judged. And by the measure that you measure, you will be measured.... Whatever you want a person to do to you, do also to them, for this is the law and the prophets."
Anonymous Coward
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03/05/2020 10:19 AM
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Re: Force Majuere! Its here! Very high level info
Folks get familiar with this term. You will be hearing alot about this term!!!! It is not good.

Spoke to a high level auto exec las night. They supply magnetic parts from China to major auto manufacturers. Supply is running out. He used the word Force Majeure!
 Quoting: Oxi moran


Yes , the Chinese have already claimed as imed this to default on pre existing orders . Not a new term , but new to these modern folks that have a limited vocabulary and use the word fuck.
Anonymous Coward
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03/05/2020 10:20 AM
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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


That requires proof the virus is natural occurring and not man made....the courts/lawyers will be busy.....
 Quoting: Anonymous Coward 77699866


Courts...lawyers...
Snort. Gonna conduct trials via skype when all those govt buildings shut down? Think you can compel people to appear or prep their cases from quarantine? I think the legal system is in for a reset
 Quoting: dodger007


Not exactly true but we are not in a courtroom here so ok.
Anonymous Coward
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03/05/2020 10:21 AM
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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


That requires proof the virus is natural occurring and not man made....the courts/lawyers will be busy.....
 Quoting: Anonymous Coward 77699866


Courts...lawyers...
Snort. Gonna conduct trials via skype when all those govt buildings shut down? Think you can compel people to appear or prep their cases from quarantine? I think the legal system is in for a reset
 Quoting: dodger007


You realize legal proceeding can take year or decades.....the legal system will be busy sifting thru the broken contracts for a long time....reset? the only reset is if these entities no longer exist.....if they are around, they will want their pound of flesh....
Anonymous Coward
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03/05/2020 10:22 AM
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Re: Force Majuere! Its here! Very high level info
time to change the global supply chain so it works.. time to bring jobs home.
 Quoting: Rosicrucian1 78569787


Ok boss, we start today!mash-cheers5
Anonymous Coward
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03/05/2020 10:24 AM
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Re: Force Majuere! Its here! Very high level info
time to change the global supply chain so it works.. time to bring jobs home.
 Quoting: Rosicrucian1 78569787


um this should have been done 10 years ago.
judahbenhuer

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03/05/2020 10:24 AM

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Re: Force Majuere! Its here! Very high level info
God you people are fucking morons.

With no inventory and manufacturing having been down, how are they able to fulfill their contracts for x amount of parts per month?

If they didn't declare force majuere, they would be in violation of their contract, and legally / financially liable for any issues that arise from said violation.

"Oh boy, he used some big words I don't know, better freak the fuck out!"

Your "high level auto exec" contact would likely be quite disappointed in your lack of an ability to process logical conclusions. Which would lead me to ask, why would this person even have an interest in talking to you? Oh, right, they likely they wouldn't.

Love uncle intel. You coronatard shills are out in full force these past couple weeks.
 Quoting: Anonymous Coward 77889465


well, bye
“My religious belief teaches me to feel as safe in battle as in bed. God has fixed the time for my death. I do not concern myself about that, but to be always ready, no matter when it may overtake me. That is the way all men should live, and then all would be equally brave.”
-Stonewall Jackson

"The Bible that is falling apart usually belongs to a person who is not." - Charles Spurgeon

“I apprehend no danger to our country from a foreign foe . . . Our destruction, should it come at all, will be from another quarter. From the inattention of the people to the concerns of their government, from their carelessness and negligence, I must confess that I do apprehend some danger. I fear that they may place too implicit a confidence in their public servants, and fail properly to scrutinize their conduct; that in this way they may be made the dupes of designing men, and become the instruments of their own undoing. Make them intelligent, and they will be vigilant; give them the means of detecting the wrong, and they will apply the remedy.”

“If we abide by the principles taught in the Bible, our country will go on prospering and to prosper; but if we and our posterity neglect its instructions and authority, no man can tell how sudden a catastrophe may overwhelm us and bury all our glory in profound obscurity.” -Daniel Webster
Anonymous Coward
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03/05/2020 10:25 AM
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Re: Force Majuere! Its here! Very high level info
Most force majeure clauses do not excuse a party's non-performance entirely, but only suspend it for the duration of the event in question. Another big problem will the millions living month to month. I they have to all stay home for a month or month and a half, that would put many in a pickle.
Anonymous Coward
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03/05/2020 10:25 AM
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Re: Force Majuere! Its here! Very high level info
some detailed info on various legalities associated with the pandemic. it's a moving target right now, so this info is likely to change a bit in some situations as things progress...

[link to www.fisherphillips.com (secure)]
Rosicrucian1
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03/05/2020 10:25 AM
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Re: Force Majuere! Its here! Very high level info
time to change the global supply chain so it works.. time to bring jobs home.
 Quoting: Rosicrucian1 78569787


um this should have been done 10 years ago.
 Quoting: Anonymous Coward 76805090


yes agreed.. Trump has to talk to this matter now..
Vision Thing
TREMENDOUS CASH FLOW PICTURE

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03/05/2020 10:26 AM

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Re: Force Majuere! Its here! Very high level info
Do you remember this, the original document was written in February 2008:

Protocols for Economic Collapse

Thread: What the last days may look like: Treasury Protocol 6900 series for Economic Collapse

It is all about Force Majeure on a grand scale, where I learned the term.
SomethingBetter

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03/05/2020 10:27 AM

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Re: Force Majuere! Its here! Very high level info
Yup, everyone can default on contracts because, act of God.

Bad bad bad
 Quoting: ^TrInItY^


I guess they only acknowledge God when they need someone to blame.
 Quoting: Anonymous Coward 76760905


this1
Anonymous Coward
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03/05/2020 10:28 AM
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Re: Force Majuere! Its here! Very high level info
Don't worry the nothing burger crew said it's just a flu and we should all buy lots of stock in brawndo the thirst mutilator on the dip .
Vision Thing
TREMENDOUS CASH FLOW PICTURE

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03/05/2020 10:29 AM

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Re: Force Majuere! Its here! Very high level info
time to change the global supply chain so it works.. time to bring jobs home.
 Quoting: Rosicrucian1 78569787


um this should have been done 10 years ago.
 Quoting: Anonymous Coward 76805090


My theory is that this virus scare is going to cause the opposition to beg Trump to implement every aspect of his platform that they originally claimed to oppose (even though they said they were for those things, until he said them).

Border security, more scrutiny on immigration, bringing manufacturing jobs home, those are all anti-globalist measures and will soon be begged for "to save us all", by people who cried "racist" and "nationalist" a few short weeks ago.
Vision Thing
TREMENDOUS CASH FLOW PICTURE

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03/05/2020 10:32 AM

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Re: Force Majuere! Its here! Very high level info
Do you remember this, the original document was written in February 2008:

Protocols for Economic Collapse

Thread: What the last days may look like: Treasury Protocol 6900 series for Economic Collapse

It is all about Force Majeure on a grand scale, where I learned the term.
 Quoting: Vision Thing


This essay was one of those classic things like this, which is also timely as always:

New Order of the Barbarians

[link to 100777.com (secure)]

it's all about how the medical industry will merge with government and corporate power and become a sort of law enforcement agency of its own - the medical police, accountable to no one.





GLP