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, ...
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 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” ...
Companies should be aware that, as a result of increasing geopolitical instability, there is a heightened risk of cyber-attacks. Particularly in light of the Merck case, they should therefore consider ...
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 ...
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 ...
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 ...
Lloyd’s of London has released four new Cyber War and Cyber Operation Exclusion Clauses. Insurers have been quickly adapting to the rapidly changing cyber landscape. What was initially a very ...
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