In this edition we feature, as usual, 4 recently decided cases. However, it is probably no exaggeration to say that two of them represent possibly the most significant decisions of recent years in terms of their potential impact on contract drafting and the rights and remedies available to contracting parties:
- Limitation of liability equivalent to price paid held unreasonable.
- Interpreting indemnities.
- An unenforceable penalty?
- The broad (and unintended?) effect of a loss of profit exclusion
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