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 ...
Editor's note: As molders experience greater challenges with supply chains, material availability, and onerous contract terms, it is imperative that they take the time now to address risk. In the ...
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 ...
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 ...
Familiarity with contract law is especially critical for small-business sole proprietors and partnerships. Unlike in a limited liability company or corporation, a signed contract legally binds both ...
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 ...
A recent California federal court decision holds important lessons for the industry. In Valenzuela v. ADT Security Services Inc., plaintiff, an ADT subscriber operating a jewelry store, sought to ...