Exclusion clauses totally exclude the liability of a party while limitation clauses merely limit the extent of the liability. It is on that basis that courts find limitation clauses more acceptable, ...
The UK Supreme Court handed down its judgment on 23 April 2021 in Burnett or Grant v International Insurance Co of Hanover Ltd [2021] UKSC 12, which arose within the context of a “deliberate acts” ...
Are exclusion clauses enforceable? Hitherto, the courts have shed little light on the matter, but a recent Court of Appeal decision makes things much clearer There are so many issues that arise on a ...
The worrying trend is that most of these contracts are of a standard form and the other party is rarely involved in drafting them. Picture an example where Mr X decides to acquire a second-hand car on ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
An exclusion in an auto insurance policy for loss or damage caused by “conversion,” by someone in lawful possession of a vehicle does not apply to a truck tractor badly damaged by fire, a Supreme ...
Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Understanding and Drafting Exclusion and Limitation of Liability Clauses Training Course" training course has been added to ResearchAndMarkets.com's ...
The rule against penalties is rooted in public policy, aiming to prevent contractual provisions that punish the breaching party rather than protecting the interests of the innocent party. The burden ...
PUTRAJAYA: Banks cannot use their exclusion of liability clauses as a defence from being sued for negligence, ruled the Federal Court, calling these “patently unfair and an injustice”. Justice Balia ...
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