Force majeure

VALBIOTIS SA:

Retrieved on:

Thursday, December 14, 2023

Morale, BPI, Recherche, Force majeure, Furniture, Pension fund

Valbiotis est une entreprise de Recherche & Développement à dimension commerciale, engagée dans l’innovation scientifique, pour la prévention et la lutte contre les maladies métaboliques et cardiovasculaires en réponse aux besoins médicaux non satisfaits.

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Valbiotis est une entreprise de Recherche & Développement à dimension commerciale, engagée dans l’innovation scientifique, pour la prévention et la lutte contre les maladies métaboliques et cardiovasculaires en réponse aux besoins médicaux non satisfaits.
En France, la commercialisation sera assurée en propre par Valbiotis.
Valbiotis est une entreprise éligible au PEA-PME.
Pour plus d'informations sur Valbiotis, veuillez consulter : www.valbiotis.com

DESERT MOUNTAIN ENERGY CORPORATE UPDATE

Retrieved on:

Tuesday, April 5, 2022

VANCOUVER, BC, April 5, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.

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VANCOUVER, BC, April 5, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
As DME continues on its path to production, the Company would like to make an update on the progress through to the start of Q3.
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases.
The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.

Green Star Products Issues a Force Majeure

Retrieved on:

Wednesday, January 5, 2022

SALT LAKE CITY, UT, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Today, Ms. Kristy Hunt President of Green Star Products, Inc. (US OTC: GSPI), stated that on December 28, 2021, Green Star Products issued a Force Majeure to Biotech Research, LLC, to cancel the issuance of 30 million preferred shares to Biotech Research.

Key Points:

SALT LAKE CITY, UT, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Today, Ms. Kristy Hunt President of Green Star Products, Inc. (US OTC: GSPI), stated that on December 28, 2021, Green Star Products issued a Force Majeure to Biotech Research, LLC, to cancel the issuance of 30 million preferred shares to Biotech Research.
Ms. Hunt further stated, "Green Star Products had one year to consummate the contract, which encompasses the exclusive right to distribute Viro Spectrum Shield to three South American countries, Brazil, Colombia and Peru (see press release dated December 21, 2020).
Therefore, GSPI has had to invoke Force Majeure in order to cancel our contract with BTR.
Green Star Products, Inc. (US OTC: GSPI) (PINKSHEETS: GSPI) is an environmentally friendly Public Company creating innovative and cost-effective products to improve the quality of life and the environment.

Ocean Bio-Chem, Inc. Reports Third Quarter and Nine Month Financial Results for 2021

Retrieved on:

Monday, November 15, 2021

Hydroponics, Force majeure, NASDAQ, Star, EPA, Water quality, Shaw Industries, Research, ASTM, Chlorine, Berkshire Hathaway, Cannabis, Bottled water

FORT LAUDERDALE, Fla., Nov. 15, 2021 /PRNewswire/ --Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leader in performance and appearance chemicals, released its third quarter 2021 financial results today.

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FORT LAUDERDALE, Fla., Nov. 15, 2021 /PRNewswire/ --Ocean Bio-Chem, Inc. (NASDAQ: OBCI), a leader in performance and appearance chemicals, released its third quarter 2021 financial results today.
"2021 has been as great year for sales and profits, if we discount our reduced sales of Performacideour EPA-registered disinfectant for COVID-19as compared to 2020.
We have also increased prices to make up for price increases of raw materials.These increases will be realized in sales in 2022."
"As the US cannabis production market grows, so does the use of hydroponics and other indoor and under cover grow methods.

Ixinium XXA: The Only Token in the World With the Force Majeure Asset Protection Backup

Retrieved on:

Wednesday, September 8, 2021

Ixinium XXA has gone one step ahead and has already launched the first Stellar network BuyBack program for the Ixinium XXA.

Key Points:

Ixinium XXA has gone one step ahead and has already launched the first Stellar network BuyBack program for the Ixinium XXA.
Its value base is built with physical precious metals, which act as Force Majeure protection.
The precious metals purchasing program started in 2020 and is ongoing, adding the base value for the Ixinium XXA token.
Each purchase USD value is tokenized to the Stellar blockchain using the Ixinium Asset Token (IXAT).

Ixinium XXA: The Only Token in the World With the Force Majeure Asset Protection Backup

Retrieved on:

Wednesday, September 8, 2021

Ixinium XXA has gone one step ahead and has already launched the first Stellar network BuyBack program for the Ixinium XXA.

Key Points:

Ixinium XXA has gone one step ahead and has already launched the first Stellar network BuyBack program for the Ixinium XXA.
Its value base is built with physical precious metals, which act as Force Majeure protection.
The precious metals purchasing program started in 2020 and is ongoing, adding the base value for the Ixinium XXA token.
Each purchase USD value is tokenized to the Stellar blockchain using the Ixinium Asset Token (IXAT).

Auction of Washington Wines Raises More Than $2.2 Million During First-Ever Hybrid Auction

Retrieved on:

Tuesday, August 17, 2021

SEATTLE, Aug. 17, 2021 /PRNewswire/ --The Auction of Washington Wines (AWW)marked another historic year after hosting its first hybrid auction event presented by the John L. Scott Foundation.

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SEATTLE, Aug. 17, 2021 /PRNewswire/ --The Auction of Washington Wines (AWW)marked another historic year after hosting its first hybrid auction event presented by the John L. Scott Foundation.
"We are consistently touched by the outpouring of encouragement the auction receives from the Washington wine industry and its supporters," said AWW executive director Jamie Peha.
The "Raise the Paddle" portion of the night supported the mission of the Auction of Washington Wines and Seattle Children's Odessa Brown Children's Clinic and Uncompensated Care.
Auction of Washington Wines looks forward to celebrating its 35th anniversary next year with its main events scheduled for Aug. 11-13, 2022.

Celanese Notice of Force Majeure Due to Impacts of Extreme Winter Weather

Retrieved on:

Thursday, February 18, 2021

Chemicals, Plastics, Manufacturing, Contract law, Force majeure, Celanese, Law, Contract

Without access to such utilities, Celanese has been forced to shut down its impacted production facilities until they can be operated safely and consistently.

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Without access to such utilities, Celanese has been forced to shut down its impacted production facilities until they can be operated safely and consistently.
As a result of these shutdowns, Celanese is forced to curtail its western hemisphere production of the above products and declare Force Majeure under its sales contracts.
Pursuant to the terms of applicable sales contracts, Celanese is excused from performance during the term of this Force Majeure event.
Celanese is continuing to assess the regional and global impact of this force majeure event, and given that this is a rapidly developing situation, Celanese cannot provide any specific details or timing of the full impact to all customers.

Law Journal Press Releases Global Survey of Impact of Force Majeure in Pandemic

Retrieved on:

Tuesday, June 23, 2020

Articles, Business, Economy, Contract law, Force majeure, Force majeure, Outsourcing, Contract

NEW YORK, June 23, 2020 /PRNewswire/ --ALM announced today the release of COVID-19 as a Trigger for Force Majeure : A Global Survey , a resource to quickly answer key questions about the impact of force majeure on contractual obligations during and in the aftermath of the pandemic.

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NEW YORK, June 23, 2020 /PRNewswire/ --ALM announced today the release of COVID-19 as a Trigger for Force Majeure : A Global Survey , a resource to quickly answer key questions about the impact of force majeure on contractual obligations during and in the aftermath of the pandemic.
Co-authors Jason Krieser and Shawn Helms provide high-level force majeure issues in outsourcing agreements in their treatise "Outsourcing: Law and Business" and view this Global Survey as a significant and needed expansion of that guidance, also published by ALM.
"COVID-19 as a Trigger for Force Majeure provides just that and in an easy to use e-book and online format with linking to citations.
COVID-19 as a Trigger for Force Majeure: A Global Surveyis available at http://www.LawCatalog.com/COVID-19ForceMajeureGlobalSurvey .

FLNG Gimi Force Majeure claim

Retrieved on:

Tuesday, April 7, 2020

Oil companies, Companies, Petroleum industry, BP, Force majeure, Golar LNG, Gladstone LNG, Force majeure, Liquefied natural gas

Gimi MS Corp. (the Company), a subsidiary of Golar LNG Ltd (Nasdaq: GLNG), received written notification of a force majeure claim (the Notice) from BP Mauritania Investments Ltd (BP) under the Lease and Operate Agreement, dated February 26, 2019, between the Company and BP (the Agreement), relating to the Greater Tortue Ahmeyim project.

Key Points:

Gimi MS Corp. (the Company), a subsidiary of Golar LNG Ltd (Nasdaq: GLNG), received written notification of a force majeure claim (the Notice) from BP Mauritania Investments Ltd (BP) under the Lease and Operate Agreement, dated February 26, 2019, between the Company and BP (the Agreement), relating to the Greater Tortue Ahmeyim project.
BP estimates at this stage that the consequential delay caused by the claimed force majeure event is in the order of one year and that it is not currently possible to mitigate or shorten this delay.
Golar has asked BP to clarify how a force majeure event discovered as recently as the end of March 2020 could immediately impact the schedule by an estimated one year.
Based on the information received as of today the Company is engaging in clarification and an active dialogue with BP to establish the duration of the delay and the extent to which this has been caused by the claimed force majeure event.