A blast of arctic air across much of the US resulted in below-freezing
temperatures, equipment failures and widespread loss of power last month, as
electricity generators struggled to meet demand. Most of the power losses were in
Texas, which is home to a large swath of petrochemical production facilities,
among many other major energy and industrial operations.
Multiple manufacturers and producers shut down or lost operations as a result of
the winter storm, leading to supply chain disruptions. As temperatures rise and
businesses focus on the aftermath of the storm, now is the time to consider
whether or not performance has been excused by force majeure clauses.
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