Remedies provisions are meant to add a degree of certainty in the uncertain world of business transactions should a business deal go bad. These provisions are the first places a court will look to for guidance in a contract dispute so that it can better understand the intent of the involved parties. However, remedies often are not customized when documenting the details of a transaction, possibly rendering them unenforceable.
What You Will Learn
Remedies provisions outline the damages available for parties involved in a commercial agreement in case of a breach of contract. But to make these provisions effective, each provision must be clearly stated, thoroughly reviewed, and in some cases completely overhauled during the drafting process. This 90-minute audio replay will break down the key elements of negotiating and drafting enforceable remedies provisions in commercial contracts.
Topics covered in this program include:
Negotiating, drafting, and enforcing remedies in commercial contracts
Specific remedies available
Provisions limiting or excluding damages
Presumption of cumulative remedies
Exclusions of consequential damages
Limits and exclusivity of indemnity remedies
Challenges involving indemnity and other related provisions
Review of sample language
Questions submitted during the program will be answered by email within two business days after the program.
Need this information now? Purchase the on-demand archive of this program here. Please note: questions submitted when taking the on-demand course may require more than two days for a response.
Who Should Attend
This convenient program is designed for busy transactional attorneys and in-house counsel who want to improve their ability to draft and negotiate more precise remedies provisions.
Tuition for this Telephone Seminar is $199.00.
Tuition for the telephone seminar includes a set of electronic course materials and access to the telephone seminar.
Eastern 2:00 pm – 3:30 pm Central 1:00 pm – 2:30 pm Mountain 12:00 pm – 1:30 pm Pacific & Arizona 11:00 am – 12:30 pm Alaska 10:00 am – 11:30 am Hawaii 8:00 am – 9:30 am
Mandatory CLE Credit
Virtually all ALI CLE programs receive credit in AK, AL, AZ, CA, CO, CT, DE, FL, HI, IA, IL, IN, KS, KY, ME, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, SC, TN, TX, UT, VA, VI, VT, WA, WI, WV and WY. Upon request, ALI CLE will apply for credit in ID, LA, and RI.
For more information about CLE or CPE credit, email TeamMCLE@ali-cle.org or call 1-800-CLE-NEWS (253-6397).
For further information about the program, please use the links on the lefthand side under "Course Details".