Consequential damages and carve-backs: a reviewer’s checklist
The exclusion of consequential loss is the most copied and least understood clause in commercial contracts. A checklist for what to read, what to carve back and how Review flags each.
The exclusion of consequential loss is the most copied and least understood clause in commercial contracts. A checklist for what to read, what to carve back and how Review flags each.
Most firms’ cap positions are conditional on fees, contract value or role. Here is how to write them down so Review can apply them, and a checklist before you switch them on.