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27 Jun 2014

Risk Allocation Pitfalls under Commercial Contracts Checklist

This Checklist provided by Practical Law provides key steps that transactional attorneys can take to avoid common risk allocation drafting pitfalls to achieve their legal and business objectives. Although not an exhaustive list of risk allocation mechanisms or issues, this Checklist covers several main pitfalls regarding termination, indemnification, statutes of limitation, sole remedy provisions, cumulative remedies provisions, consequential damages, monetary caps, warranties, pricing and payment risks and dispute resolution.


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