Limitation-of-Liability Clauses in Commercial Contracting: Ironclad or Leaky Sieve? | Association of Corporate Counsel (ACC)

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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

Docket Article

Limitation-of-Liability Clauses in Commercial Contracting: Ironclad or Leaky Sieve?

Robert M. Lindquist

Daniel I. Prywes

Publication Date: 05/01/2015

This article will review recent developments in the area of LoL clause interpretation and suggest appropriate drafting tips. It will focus exclusively on the LoL clause in the context of commercial (B2B) contracts. The treatment of the clause in the consumer contracting context is an entirely different animal due to a host of statutory restrictions.

Resource Details

Interest Area: Commercial and Contracts

Source: ACC Docket