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 ...
In every contract parties try to limit their liability. As a result, drafters put in very broad limitations of liability, which, up to a point, are fine and should be used. However, problems arise ...
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 ...
Perhaps the most important provision in a properly drafted alarm contract, from a defense standpoint, is the limitation of liability provision, or the liquidated damage clause. Though some courts ...
A software consulting firm that was sued in Quebec for $6.25 million can rely on a limitation of liability clause in its consulting and integration contract, the Supreme Court of Canada ruled in a ...
As a small business owner, you can be exposed to situations in which a client, customer or vendor files a legal claim that you must answer. While you may be conducting business in an industry in which ...
Imagine this. It’s the middle of busy season. You have clients to see, work to do, and deadlines to meet. Someone in the reception area wants to speak with you. You figure it’s just another client ...
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 ...
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