Consequential Damages
Contract Clauses Limiting Damages
September 23rd, 2020
The NH Supreme Court has enforced contract clauses waiving consequential damages and limiting liability. It has also noted that tort claims asserted when the underlying transaction was based on a contract will be barred by the economic loss doctrine.…
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Categories: Uncategorized
Direct vs. Consequential Damages – What is the Difference, Really?
November 3rd, 2016
Many people, even while negotiating the terms of a contract “mutual waiver of consequential damages” clause, fail to appreciate the distinction between direct and consequential damages. A federal district court judge in Pennsylvania has penned a…
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Categories: Construction