In this Insight, Zaynah Mirza considers the case of CLS Civil Engineering Ltd v WJG Evans and Sons (a partnership) [2024] EWHC 194 (TCC) which concerned a number of issues including whether the terms ...

A liability clause operated as a single aggregate cap for all claims: Drax v Wipro. Wipro provided software services to Drax under a master services agreement. After a series of missed milestones, ...

Looking for some certainty in an often-uncertain field, public companies are increasingly disclosing auditor agreements that place a monetary cap on any liabilities that may arise from accounting ...

A Senate panel looking into liability issues arising from the Gulf oil spill turned its attention to a liability cap that some lawmakers worry might be used by BP to get out of paying the full cost of ...

WASHINGTON — A top Obama administration lawyer Tuesday asked Congress to get rid of all federal liability caps that protect energy companies such as BP against huge damage payments to fishermen, hotel ...

WASHINGTON (CN) - Administration officials supported raising the $75 million liability cap for economic damages on oil companies for future spills, but said it won't be raised for BP for the Deepwater ...

A compromise between Iowa’s trucking industry and trial lawyers would create new liability protection from lawsuits filed over accidents involving commercial vehicles. The Iowa House, on a 58-42 vote, ...

The U.S. Justice Department said Tuesday that Congress could retroactively impose a higher liability cap on BP to pay for the damage from its growing oil spill, and the company would likely lose if it ...

The spill commission, in calling for raising the $75 million economic liability limit but neglected to offer a specific proposal, is punting the issue to Congress. “We do recommend a significant ...

The owners and overseers of the vessel that crashed into the Baltimore Francis Scott Key Bridge petitioned to cap liability for the collision under the U.S. maritime law on April 1. Grace Ocean ...