Managing Liability in International Contracts

What is liability? The seminar starts off with an analysis of the types of liability incurred before contract formation in negotiation situations, ranging from collateral contracts to the use of promissory estoppel and misrepresentation. The discussion then moves to the liability arising in relation to the various boilerplate provisions of contracts. The emphasis is on giving participants a practical understanding of the difficulties associated with limitation of liability clauses and their interpretation and application.