Parties often add limitation-of-liability clauses to their agreements. These types of clauses can purport to limit a party’s claims or damages or both. Damage-limitation clauses can take many ...
Many industry form documents and custom construction contracts contain provisions shifting or limiting the respective parties’ risks. One of the more potentially significant risk-limiting provisions ...
Choosing a contractor or a vendor is difficult for both consumers and businesses alike. Often, a written contract is required and the terms of the contract are rarely easily understandable by ...
A few weeks ago, in response to a Georgia appellate court decision upholding a verdict against Monitronics in a multi-million dollar case, Ken Kirschenbaum, an industry attorney, posed a simple ...
What do contractual limitations on liability mean for your business? Just about every commercial contract you sign has a contractual limitation on liability. And, even if you do not sign a contract, a ...
How to Ensure Your Liability Limitation Clauses Are Enforceable in California To ensure that a damages limitation provision in a contract is enforceable, businesses should be aware of the different ...
Limitation of liability clauses (“LOLs”) have been used for years to effectively limit the potential liability of design professionals, contractors, and others performing construction-related services ...
The Supreme Court has ruled that if a real estate trust company includes a "limitation of liability clause" in a sales contract—restricting its responsibility to the scope of trust assets—but fails to ...
Learn how cross-liability coverage in insurance policies enables parties to sue each other under the same contract, with ...
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