WASHINGTON — Federal regulators are considering whether to ban an increasingly popular liability clause in banks’ contracts with their auditors. Officials at the Federal Deposit Insurance Corp. said ...

The limitation of liability is one of the most important clauses in a software license agreement because it limits the amount and types of damages one party can recover from the other party. For ...

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 ...

Source: Federal Information & News Dispatch, Inc. DATES: Interested parties should submit comments on or before July 5, 2011 to be considered in formulation of the final rule. Executive Orders 13563 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

In recent years, spurious liability clauses have become widespread in the sweeping contracts provided by general contractors, third party vendors and customers. The World Sweeping Association (WSA) ...

A retailer's exculpatory clause cannot insulate it from strict product liability claims, a Florida appellate court ruled, finding that allowing such a clause would violate public policy. Prominent ...

The South Australian government's ICT procurement policy of demanding uncapped liability for government contracts effectively forces firms to lie in their tenders, according to the Australian ...

As part of College policy, Smith College does not allow its signatories to enter into agreements with the following clauses. Any contract containing these clauses should be sent to Risk Management for ...