{"componentChunkName":"component---src-templates-blog-post-ts","path":"/blog-bite-why-is-it-important-to-negotiate-specifics-like-caps-on-liability-exclusions-and-time-periods/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"3544c82c-8997-5b46-ae06-93fa445ad508","excerpt":"The article Australia: Limitation of liability clauses in contracts. What makes them effective? points out that if this clause is worded too broadly or…","html":"<p>The article <a href=\"http://www.mondaq.com/australia/x/91134/Insurance/Limitation+of+liability+clauses+in+contracts+What+makes+them+effective\" target=\"_blank\" rel=\"nofollow noopener\">Australia: Limitation of liability clauses in contracts. What makes them effective?</a> points out that if this clause is worded too broadly or ambiguously, the courts can interpret it as disproportionately benefiting the party putting it forth and therefore invalidate it. As a result, it is important to negotiate on specifics like caps on liability, exclusions, and time periods.</p>\n<p>Certain articles within this post were linked and referenced with the permission of <a href=\"https://www.mondaq.com/?clear=true\" target=\"_blank\" rel=\"nofollow noopener\">Mondaq.com</a>, through our exciting content collaboration with them.  To access Mondaq’s large database of articles written by top law firm lawyers from around the world, you must leave our site and create a free account on theirs.</p>","frontmatter":{"title":"Blog Bite: Why is it important to negotiate specifics like caps on liability, exclusions, and time periods?","date":"December 16, 2009","description":"This article posted on our partner site Mondaq.com points out that if this clause is worded too broadly or ambiguously, the courts can interpret it as disproportionately benefiting the party putting it forth and therefore invalidate it.","author":{"id":"alina@clausehound.com","first":"Alina","last":null,"bio":null,"image":null},"tags":["Liability","Mondaq","Learn","Australia"]}}},"pageContext":{"slug":"/blog-bite-why-is-it-important-to-negotiate-specifics-like-caps-on-liability-exclusions-and-time-periods/","previous":{"fields":{"slug":"/blog-bite-what-are-the-consequences-of-entire-agreement-clauses/"},"frontmatter":{"title":"Blog Bite: What are the consequences of entire agreement clauses?","tags":["Entire Agreement","Mondaq","Learn","Australia"],"author":{"id":"alina@clausehound.com","first":"Alina","last":null}}},"next":{"fields":{"slug":"/blog-bite-what-factors-affect-the-way-in-which-a-business-must-structure-a-joint-venture-in-order-to-ensure-optimum-performance/"},"frontmatter":{"title":"Blog Bite: What factors affect the way in which a business must structure a joint-venture in order to ensure optimum performance?","tags":["Nature of Relationship","Joint Venture Agreement","Mondaq","Learn","UK"],"author":{"id":"alina@clausehound.com","first":"Alina","last":null}}}}}}